US stocks end lower as weak economic data stoke recession fears

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Brasil Notícia Notícia

S&P 500 and the Nasdaq end lower on fears of slowing growth

New York — The S&P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the US economy into recession dampened investors’ appetite for risk.

“In the last two weeks, we’ve seen some degree of macroeconomic deterioration starting to be manifested in corporate earnings and economic releases.” Global supply chain disruptions have been worsened by Russia’s war with Ukraine and restrictive measures in China to control its latest Covid-19 outbreak, sending inflation to multi-decade highs.

“Tomorrow we look to the FOMC [forward open market committee] minutes for any signs that the approach to monetary policy may lean further hawkish or dovish than was laid out at the last meeting,” US Bank Wealth Management’s Northey said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

If you need a gardner, handyman or cleaner, please consider me 🙏. I'm even willing to be a servant boy doing any odd jobs 🙏. Just as long as I feed my family. My children slept hungry for the second night in a row💔

Great news indeed

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Asian stocks dip after US futures slideMSCI’s index of Asia-Pacific shares slip in hesitant trading
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »