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Ten Things Individuals Hate About Sablonsatuan

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작성자 Liliana Martins 댓글 0건 조회 26회 작성일 23-04-10 18:28

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US STOCKS-Wall Street ends down as weak economic data fuels...

U.S. factory orders, job openings fall in February
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Virgin Orbit slumps after filing for bankruptcy
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AMC Entertainment falls after litigation deal
(Updates with details at close of trading)
By Noel Randewich and Ankika Biswas
April 4 (Reuters) - Wall Street dropped on Tuesday after evidence of a cooling economy exacerbated worries that the Federal Reserve's campaign to rein in decades-high inflation may cause a deep downturn.
The S&P 500 closed lower for the first time in a week as data showed U.S.

job openings in February dropped to the lowest level in nearly two years, suggesting that the labor market was cooling, while factory orders fell for a second straight month.
Data on Monday had also pointed to weakening U.S.
manufacturing activity.
"The number of job openings has decreased, which makes people worry that hiring is going too slow, and that will be bad for the economy. That feeds into recessionary fears," said Sal Bruno, Chief Investment Officer at IndexIQ in New York.
Bank stocks took a hit after JPMorgan Chase & Co CEO Jaime Dimon warned in a letter to shareholders that the U.S.

banking crisis is ongoing and that its impact will be felt for sablonsatuan years.
According to preliminary data, the S&P 500 lost 23.87 points, or 0.58%, to end at 4,100.64 points, while the Nasdaq Composite lost 63.13 points, or 0.52%, to 12,126.39.
The Dow Jones Industrial Average fell 196.83 points, sablonmurah or 0.59%, to 33,404.32.
Caterpillar Inc, viewed as bellwether for the industrial sector, fell sharply.
Healthcare and utilities, which many investors expect to hold up better during an economic slowdown, were among the few S&P 500 sector indexes gaining for much of the session on Tuesday.
Trading in interest rate futures shows bets are now tilted toward a pause by the Fed in May, with odds of a 25-basis point rate hike at 42%, compared with nearly 60% before the data, according to CME Group's Fedwatch tool.
So far in 2023, the S&P 500 has gained about 7% and it remains down about 15% from its record high close in January 2022.
Virgin Orbit Holdings Inc slumped after the satellite launch company filed for Chapter 11 bankruptcy on failing to secure long-term funding.
AMC Entertainment Holdings Inc shares tumbled as much as 24% after the movie theater chain said it agreed to settle litigation and proceed with converting its preferred stock into common shares.
Shares of Digital World Acquisition Corp fell after the SPAC linked to former U.S.

President Donald Trump delayed the filing of its annual financial report.
(Reporting by Ankika Biswas and sablondtf Amruta Khandekar in Bengaluru and by Noel Randewich in Oakland, NKPRINTGO Calif.; Editing by Arun Koyyur, Shounak Dasgupta and Deepa Babington)



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