People pass in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, June 4, 2024, in Tokyo.
The S&P 500 edged 0.1% higher, to 5,283.40, even though the majority of stocks within the index fell. The Dow Jones Industrial Average dropped 0.3% to 38,571.03, and the Nasdaq composite rose 0.6% to 16,828.67. “So, why such a distinct wave of U.S. pessimism this time? Was it a manufactured excuse to take profits? Or is there a deeper cause for concern beneath the hood?” Tan Jing Yi of Mizuho Bank said in commentary. “We suspect it is a bit of both."This week has several other high-profile economic reports that could send yields on additional sharp swings.
Halliburton dropped 5.3%, and Exxon Mobil fell 2.4%. They sank as the price of a barrel of U.S. oil dropped 3.5%. Brent crude, the international standard, lost a similar amount despite moves over the weekend byclimbed another 4.9% to bring its gain for this year to 132.2% after unveiling new products and services over the weekend. It’s been deliveringto keep at bay criticism that investors have become overzealous about the prospects for AI.
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Stock market today: Asian shares decline after report shows US manufacturing contracted in MayAsian shares retreated on Tuesday after a report showed that U.S. manufacturing contracted in May, in the latest sign the economy is slowing. Oil prices
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Stock market today: Asian shares decline after report shows US manufacturing contracted in MayAsian shares have retreated after a report showed that U.S. manufacturing contracted in May. India's Sensex dropped 4%. Oil prices fell and U.S. futures were flat. On Monday, the S&P 500 edged up 0.1% although the majority of stocks within the index fell. The Dow Jones Industrial Average dropped 0.3%, and the Nasdaq composite rose 0.6%.
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Stock market today: Asian shares track Wall St's advance fueled by cooler jobs dataAsian shares are mostly higher after Wall Street ended Friday with the best day for the stock market in over two months.
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Stock market today: Asian shares track Wall St's advance fueled by cooler jobs dataAsian shares are mostly higher after Wall Street ended Friday with the best day for the stock market in over two months. The rally late last week was backed by the cooler-than-expected U.S. employment data.
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Stock market today: Asian shares track Wall St's advance fueled by cooler jobs dataAsian shares are mostly higher after Wall Street ended Friday with the best day for the stock market in over two months.
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Stock market today: Asian shares track Wall St’s advance fueled by cooler jobs dataAsian shares were mostly higher on Monday after Wall Street ended last week with the stock market's best day in over two months in a rally backed by the
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