Biden: Stock market doesn't necessarily reflect economy's overall state

  • 📰 OttawaCitizen
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

WILMINGTON — U.S. President Joe Biden said the stock market, which fell sharply on Tuesday on inflation concerns, does not necessarily reflect the overall…

Biden, who spoke to reporters on a trip to his home state of Delaware to vote in a primary, also said he was not concerned about Tuesday’s report on inflation, which showed an unexpected rise in consumer prices in August. Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up.

 

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

Thanks for that brilliant reporting Reuters

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:

 /  🏆 21. in CA

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.

S&P/TSX composite ends day up more than 200 points, U.S. stocks also close higher - BNN BloombergGains in the energy sector helped lead a broad-based rally as Canada's main stock index gained more than 200 points in late-morning trading and U.S. stock markets also climbed higher.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

North American markets tumble, with U.S. stocks posting worst drop since June 2020North American markets tumbled Tuesday after the latest reading on U.S. inflation disappointed traders, with Canada's main stock index down more than 300 points and all three major U.S. stock indexes suffering their worst day since June 2020. No more mean tweets
Source: CP24 - 🏆 30. / 67 Read more »