Stock market today: Wall Street slips as its red-hot rally cools some more

  • 📰 AP
  • ⏱ Reading Time:
  • 37 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 51%

Financial Markets News

Mcdonalds Corp.,Stocks And Bonds,General News

U.S. stocks are slipping as some more steam comes out of Wall Street’s huge, record-breaking rally. The S&P 500 fell 0.4% in Wednesday morning trading. The Dow Jones Industrial Average sank 202 points, and the Nasdaq composite lost 0.8%.

Blinken urges Israel to seek enduring deal, as officials say a limited cease-fire has been discussedHurricane Milton ravaged one of the most popular areas for 'snowbirds' on Florida's Gulf CoastThe Afternoon WireTrump wanted generals like Hitler's and said Nazi leader 'did some good things,' John Kelly claimsLeBron and Bronny James make NBA historyHousing on the ballot: Harris, Trump push different plans for tackling housing affordability crisisHow to watch comet...

McDonald’s helped pull the market lower and dropped 5.3% after federal health officials linked its Quarter Pounder burgers with anthat’s affected at least 49 people in 10 states. Investigators are still trying to find what specific ingredient is contaminated, and the Centers for Disease Control and Prevention said McDonald’s stopped using fresh slivered onions and quarter pound beef patties in several states while the investigation is ongoing.fell 2.

Northern Trust climbed 7.2% after likewise topping analysts’ estimates for profit and revenue in the latest quarter. U.S. stocks have generally been slowing their record-breaking momentum this week under increasing pressure from rising Treasury yields.

 

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:

 /  🏆 728. 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.

Stock market today: Asian shares rise after Wall Street rally, and China promises a briefingAsian shares are mostly higher, as market optimism got a perk from the record highs set on Wall Street.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares rise after Wall Street rally, and China promises a briefingAsian shares are mostly higher, as market optimism got a perk from the record highs set on Wall Street.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Wall Street ticks to another record as stocks worldwide rallyU.S. stocks rose to another record as financial markets around the world rallied again.
Source: latimes - 🏆 11. / 82 Read more »

Stock market today: Asian shares rise after Wall Street rally, and China promises a briefingAsian shares are mostly higher, as market optimism got a perk from the record highs set on Wall Street. Benchmarks rose in Tokyo, Sydney, Seoul, Hong Kong and Shanghai in early Thursday trading. On Wall Street, the S&P 500 climbed 0.7% Wednesday to top the all-time high it set last week.
Source: AP - 🏆 728. / 51 Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayRiding the chip and broad tech stock rally, Wall Street was heading for a higher open.
Source: CNBC - 🏆 12. / 72 Read more »