The Science of Beer | SaltWire #beer #science #craftbeer #soundbites #discoverycentre #foodanddrinkNEW YORK - It's been a banner year for the major U.S. stock indexes, but one economically sensitive corner of the market sticks out as a sore spot.
The Dow transports are"a barometer for future economic activity," said Chuck Carlson, chief executive officer at Horizon Investment Services."They may be indicating that while a recession isn't imminent, that there is probably a slowdown in the economy that's ahead here." Data this week showed the U.S. economy grew at a 1.3% annualized rate in the first quarter, down from the 3.4% fourth-quarter 2023 pace. A key test for the economy's strength and for markets comes with the June 7 release of the monthly U.S. jobs report.
Matthew Miskin, co-chief investment strategist at John Hancock Investment Management, said it could be harder for the broader market to break significantly higher unless the transports pick up steam.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »