Stock market today: Wall Street drifts near record highs following recent big moves

  • 📰 SooToday
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 85%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

NEW YORK (AP) — U.S. stocks are drifting around their records as financial markets around the world take a pause following big recent moves. The S&P 500 was up 0.1% in early trading Wednesday.

NEW YORK — U.S. stocks are drifting around their records as financial markets around the world take a pause following big recent moves. The S&P 500 was up 0.1% in early trading Wednesday. The Dow Jones Industrial Average was flat, and so was the Nasdaq composite. Treasury yields were holding relatively steady, a day after sinking on a surprisingly weak update on consumer confidence.

SAP fell 2.3% after Bloomberg News reported that the U.S. Department of Justice was investigating the German software giant for conspiring with the American company Carahsoft Technology to overcharge U.S. government agencies. Other companies are also being investigated, according to the report. However, the cheer brought on by news of a coordinated effort to rev up growth in the world’s second-largest economy appeared to dissipate as the day wore on.

“Chinese policymakers are throwing everything they’ve got to fight off deflation and breathe life into growth. Will it work long-term? Who knows,” Stephen Innes of SPI Asset Management said in a commentary.Australia's S&P/ASX 200 slipped 0.2% to 8,126.40. A report released Tuesday showed U.S. households are feeling more worried about the job market. Their overall confidence level sank in September, according to the Conference Board, instead of rising like economists expected. That’s a big deal because spending by U.S. consumers is the heart of the U.S. economy.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Wall Street hovers around records ahead of Nvidia earnings and inflation dataNEW YORK (AP) — Wall Street is hovering around record highs at the start of a week featuring another full slate of corporate earnings and the government’s...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Wall Street opens lower, pulling the Dow below its record highNEW YORK (AP) — Stocks are opening slightly lower on Wall Street, pulling the Dow Jones Industrial Average a bit below the record high it set a day earlier. The Dow gave back 63 points in the first few minutes of trading Tuesday, or 0.1%.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Stock market today: Wall Street quiet as markets await Nvidia's latest earnings reportNEW YORK (AP) — Stocks are mostly unchanged in light trading as investors look ahead to an eagerly anticipated earnings report from the semiconductor company Nvidia, whose chips power AI applications. The S&P 500 slipped 0.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Wall Street eyes Nvidia results, SMCI stock tumbles: Yahoo FinanceNvidia (NVDA) will report its second quarter results this afternoon. The stock's rally has been driving the market gains, so Wall Street will closely watch...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Losses for Big Tech companies lead Wall Street lowerLosses for several big technology companies pulled the stock market lower. The S&P 500 fell 0.6% Wednesday, weighed down by drops in Nvidia, Apple, Microsoft and Amazon. The Dow Jones Industrial Average fell 0.4%.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgeLOS ANGELES (AP) — Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than im
La source: SooToday - 🏆 8. / 85 Lire la suite »