Stock market today: World shares and oil prices slide ahead of US economic update

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

World shares and crude oil prices have slipped ahead of an update on the state of the U.S. economy in the last quarter.

for July-September are due later Thursday. The government is expected to report robust growth that highlights the durability of consumer and business spending

Germany's DAX fell 1.4% to 14,681.30 and the CAC 40 in Paris shed 0.8% to 6,863.37. Britain's FTSE 100 was down 0.7% at 7,365.02.The yield on the 10-year Treasury has nudged back up toward 5%. It was at 4.97% early Thursday after dipping to 4.82% late Tuesday. High yields whittle away at prices for stocks and other investments while slowing borrowing and adding pressure to the financial system. They tend to take the biggest toll on stocks seen as pricey or those requiring their investors to wait the longest for big growth.

 

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:

 /  🏆 442. 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.

Stock Market Today: Dow, S&P 500 Open Lower; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: Nasdaq Falls 300 Points; Alphabet Stock Price Falls After EarningsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stock market today: World shares mixed after China pledges more support for slowing economyWorld shares are mixed after China pledged more spending to counter its economic slowdown. Benchmarks fell in Paris, Frankfurt, Sydney and Seoul but rose in London, Tokyo and Hong Kong. U.S. futures were mixed and oil prices turned higher. On Tuesday, the S&P 500 rose 0.7% and the Dow gained 0.6%. The Nasdaq composite climbed 0.9%.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: World shares mixed after China pledges more support for slowing economyWorld shares are mixed after China pledged more spending to counter its economic slowdown.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: World shares mixed after China pledges more support for slowing economyWorld shares are mixed after China pledged more spending to counter its economic slowdown.
Source: wjxt4 - 🏆 246. / 63 Read more »