News Formal

Stocks edge lower in uncertain trading on Wall Street

  • 📰 denverpost
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Wall Street futures pointed higher early Monday as markets try rebound from back-to-back weekly losses, driven by fears that interest rate hikes by the Federal Reserve and other central banks might tip the U.S. and global economies into recession.

The S&P 500 fell 0.2% as of 10:20 a.m. Eastern. The Dow Jones Industrial Average rose 60 points, or 0.2%, to 32,983 and the Nasdaq fell 0.7%. Small company stocks also fell. The Russell 2000 slipped 0.4%.

U.S. crude oil prices rose 2%. European markets gained ground and Asian markets closed lower overnight. Investors have several economic reports to review this week as they try to determine the continuing path of inflation.

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:

 /  🏆 13. in CA
 

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

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.

Jim Cramer's top 10 things to watch in the market Monday: Stocks, Elon Musk, AmazonMorgan Stanley's Mike Wilson sees the S&P 500 going as low as 3,000 next year.
Source: CNBC - 🏆 12. / 72 Read more »