Tech shares lead US stocks lower

  • 📰 straits_times
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 69%

Business News News

Business Business Latest News,Business Business Headlines

Dow Jones Industrial Average finishes down 0.5 per cent at 35,123.75. Read more at straitstimes.com.

NEW YORK - Large tech companies led stocks lower on Wednesday as investors digested disappointing China data ahead of a key US inflation report.

China slipped into deflation for the first time in more than two years in July, official data showed, as slowing domestic spending weighs on the post-Covid economic recovery.

 

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:

 /  🏆 5. in BUSÄ°NESS

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.

Explainer-US starts process to restrict some investment in key tech in ChinaWASHINGTON : The White House on Wednesday announced plans to prohibit some U.S. investments in certain sensitive technologies in China, and require that the government be notified of other investments, but said it could take time before the moves take effect.President Joe Biden on Wednesday signed an exec
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »