Markets today: Stocks churn as rally stalls near all-time highs

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 30 sec. here
  • 42 min. at publisher
  • 📊 Quality Score:
  • News: 155%
  • Publisher: 50%

Asia News

Pacific Rim,Top Asia,Pacific Rim

Stocks struggled to make much headway after a rally that drove the market closer to its all-time highs, wiping out its early August losses.

A sign for Wall Street and American flags in New York, U.S. --

Goldman Sachs Group Inc. and Wells Fargo & Co. economists expect the government’s preliminary benchmark revisions on Wednesday to show payrolls growth in the year through March was at least 600,000 weaker than currently estimated. While JPMorgan Chase & Co. forecasters see a decline of about 360,000, Goldman Sachs indicates it could be as large as a million.

Patients taking Eli Lilly & Co.’s blockbuster weight-loss shot were 94% less likely to develop diabetes in a three-year study that illuminates the long-term health benefits of treating obesity.

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:

 /  🏆 83. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Markets today: Stocks halt rally as in-line CPI fails to inspireStocks lost steam after a recent rally, with an in-line U.S. inflation report doing little to alter bets on the U.S. Federal Reserve outlook.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks rally ahead of big week for rates, earningsU.S. stock futures strengthened on the back of equity gains in Europe and Asia, signaling rising optimism ahead of major central bank decisions and big tech earnings due this week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: Stock futures little changed after markets claw back August lossesStock futures were little changed ahead of Friday's opening bell with US stocks on pace for their best week of the year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks to Track US Rally in Countdown to CPI: Markets Wrap(Bloomberg) -- Stocks in Asia are set to follow a rally on Wall Street after the latest US inflation data reinforced speculation that the Federal Reserve...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks to Echo US Decline as Bonds Rally: Markets Wrap(Bloomberg) -- Asian equities were primed for selling Friday following declines on Wall Street that reflected unease on the health of the US economy and sent...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks Rally on Fed Cut Hopes, Yen Strengthens: Markets Wrap(Bloomberg) -- Equities in Asia were primed to broadly track US stocks higher Thursday on firming signs the Federal Reserve will soon cut interest rates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »