Stocks open lower ahead of week's Fed meeting, May CPI data

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 28 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Seana Smith News

Brian Sozzi,Nasdaq Composite,Market Trends

All three of the major market indices (^DJI, ^IXIC, ^GSPC) are flirting below their flatlines at Monday's market opening. The S&P 500 and the Nasdaq...

at Monday's market opening. The S&P 500 and the Nasdaq Composite open the week above their respective benchmark highs of 5,300 and 17,000.Let's do a quick check here of the markets when you take a look at the major averages.

Worst performer as those opening trades shake out, but again, the big focus here one of the big focuses here for investors at the open.But Shana, I mean, you're just killing it. Further weakness as Algonquin Power & Utilities drops 4.7% this week, taking three-year losses to 50% -- Prime Minister Justin Trudeau’s government will call for a vote this week on a planned hike in the capital-gains tax inclusion rate, a measure that would raise billions in additional government revenue and has attracted the ire of Canada’s business community.

 

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:

 /  🏆 47. 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.

Premarket: Global stocks drift after Fed officials hint interest rates may not fall soonLatest data show that U.S. labour market remains tight; U.S. futures pointing lowewr
Source: globeandmail - 🏆 5. / 92 Read more »

Morning Bid: Power of Powell lifts stocks ahead of US CPIExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Morning Bid: Power of Powell lifts stocks ahead of US CPIEuropean bourses are poised to keep the rally going ahead of the always important U.S. CPI data after comments from Fed Chair Jerome Powell reassured...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Morning Bid: Power of Powell lifts stocks ahead of US CPIEuropean bourses are poised to keep the rally going ahead of the always important U.S. CPI data after comments from Fed Chair Jerome Powell reassured...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »