Stock Market Today: Dow Futures Fall After Weak China Data

  • 📰 WSJ
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stock futures edged lower as Chinese factory and services activity data pressured equity markets around the world. Follow the latest markets updates.

U.S. stock futures edged lower as more weak economic data out of China pressured global markets., further dampening hopes for a rapid rebound in the world’s second-largest economy after the end of coronavirus restrictions.can be implemented by the June 5 deadline. The agreement passed its first legislative hurdle Tuesday, as Washington races to prevent a first-ever U.S. default.S&P 500, Dow and Nasdaq-100 contracts slipped between 0.1% and 0.2%.

Yields on benchmark 10-year Treasurys fell to 3.655%, from 3.697% Tuesday. Yields on German and French bonds also dropped after data showed inflation in France slowed in May.The Stoxx Europe 600 lost 0.3%. China’s Shanghai Composite Index fell 0.6% to one of itsBrent futures fell 1% to $73 a barrel. China is the world’s largest crude importer. Traders worry that tensions between Russia and Saudi Arabia could stop members of the OPEC cartel from agreeing to deepen their output cuts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow Futures Rise After Debt-Ceiling ProgressStock futures ticked up after a tentative deal was struck to raise the debt ceiling over the long weekend. Follow the latest markets updates.
Source: WSJ - 🏆 98. / 63 Read more »

Stock market today: Wall Street rises as DC moves to avoid defaultWall Street is ticking higher in its first trading after Washington struck a tentative deal to avoid a potentially disastrous default on its debt.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market news today: Nasdaq jumps amid debt ceiling deal, AI frenzyUS stocks trade mixed after debt ceiling deal and ongoing AI frenzy
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market news today: Investors await completion of debt ceiling dealUS stocks trade mixed after paring gains as investors await completion of debt ceiling deal
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why stock market has been stable during economic chaos: quantsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »