Wall Street stocks fall weighed by soft manufacturing data, NYSE glitches

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Wall Street stocks fall weighed by soft manufacturing data, NYSE glitches

NEW YORK - U.S. stocks were mostly lower in a choppy session on Monday following soft manufacturing sector data and as a glitch on the NYSE briefly caused trading halts in several equities.). Trading in at least 60 NYSE-listed stocks were halted due to the volatility, before the bourse fixed the technical issue and activity resumed.

"What you're seeing when you look at the overall market is that it is trading down based on growth concerns relative to the continuation of more sluggish economic data," said Keith Lerner, co-chief investment officer at Truist Advisory Services in Atlanta.was lower, dragged down by energy and industrial equities. The Nasdaq edged higher from early losses. Benchmark U.S. 10-year note yields fell to a two-week low following the soft manufacturing data.

"Not only is the overall market down, the 10-year Treasury note is down about 8 basis points, and that's another signal that investors are concerned about economic growth because they're now buying the 10-year," Lerner added.fell 296.72 points, or 0.77%, to 38,389.60, the S&P 500 lost 20.02 points, or 0.39%, to 5,256.85 and the) was up 3.6% after CEO Jensen Huang revealed that the company's next-generation AI chip platform would be rolled out in 2026.

Declining issues outnumbered advancers by a 1.2-to-1 ratio on the NYSE. On the Nasdaq, 1,848 stocks rose and 2,309 fell as declining issues outnumbered advancers by a 1.25-to-1 ratio.

 

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:

 /  🏆 450. 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.

Latest glitch to hit Wall Street briefly halts trading for some NYSE stocksA technical issue caused the temporary halt in trading for dozens of stocks listed on the New York Stock Exchange Monday, including at least one whose price briefly fell nearly 100%.
Source: WashTimes - 🏆 235. / 63 Read more »

Main Street or Wall Street: Who Has the Correct Market Prespective?Stocks Analysis by Jeffrey Roach covering: S&P 500, Target Corporation. Read Jeffrey Roach's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: Asian shares track Wall Street’s retreatShares retreated Thursday in Asia after U.S. stocks fell under the weight of higher yields in the bond market, with the Dow Jones Industrial Average
Source: Mynorthwest - 🏆 438. / 53 Read more »