U.S. stocks tumbled to close out a dispiriting April for investors, ending the worst month of the year so far for equities.The Dow Jones Industrial Average fell 570 points, while the S&P 500 was down 1.6%, snapping a five-month winning streak. The Nasdaq also ended the day lower by 2%.A pair of concerning economic reports led markets into the red, including a reading of consumer confidence hitting its lowest level in nearly two years. Meanwhile, the cost of labor for U.S.
The pharma giant raised its guidance for the year while reassuring investors it has enough of the drug to meet sky-high demand. Shares ended the day higher by 6 percent, and are up more than 90 percent over the last year.Another big mover was Stellantis, the multinational auto conglomerate that owns Jeep, Chrysler and Dodge.
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Stock Market Today: S&P 500 snaps five month win streak as losses pile up in AprilStock Market Today: S&P 500 snaps five month win streak as losses pile up in April
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Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
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Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region.
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