Stocks Open Lower After Retail Sales Rose 1.2% In July

  • 📰 Forbes
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The S&P is struggling to reach a new record high.

The Dow Jones Industrial Average was down 0.3%, nearly 100 points, at Friday’s open, while the S&P 500 was down 0.2% and the tech-heavy Nasdaq Composite was flat.

The S&P has spent much of the week flirting with a new all-time high, attempting to overtake its previous record of 3,386 set back in February., which was lower than the 2.3% expected, according to the Commerce Department.” and unable to agree on the next coronavirus stimulus bill: It could take weeks for an agreement to be reached, as Congress has now adjourned for the month.

House Speaker Nancy Pelosi said she won’t restart discussions until Republicans increase their coronavirus aid offerShares of companies that would benefit from a reopening of the economy—including airlines and cruise operators—fell again on Friday.from a 30% drop in its history, according to data compiled by Ned Davis Research.to review the phase one trade deal via a video call on Saturday.

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:

 /  🏆 394. in CA
 

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

Trump fail

Canada Canada Latest News, Canada Canada Headlines

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

Travel stocks drag Europe lower after fresh UK quarantine ruleEuropean shares slid in thin summer trading on Friday as travel stocks took a hit after Britain added more countries from the continent to its quarantine list, while weak retail sales data from China raised doubts over the pace of an economic recovery. drag down hmm...KAG If travel stocks are going to go down as much with each travel ban (restriction) and quarantine news, they may soon hit zero The Winter is coming... But, the market did not realize (!) it until today... So surprising! investing trading stocks
Source: Reuters - 🏆 2. / 97 Read more »