U.S. stocks slump as investors fear bigger Federal Reserve rate hikes

📆 06/05/2022 04:57:00
📰 nationalpost

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 80%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Stocks are tanking with the Dow down more than 1,000 points — via financialpost

“Investors aren’t looking at fundamentals right now, and this is more of a sentiment issue,” said Megan Horneman, chief investment officer at Verdence Capital Advisors.

According to preliminary data, the S&P 500 lost 148.70 points, or 3.51 per cent, to end at 4,149.31 points, while the Nasdaq Composite lost 635.21 points, or 4.90 per cent, to 12,329.65. The Dow Jones Industrial Average fell 1,033.07 points, or 3.03 per cent, to 33,027.99.

Écrire un Commentaire

financialpost Buying opportunities

financialpost How is this a surprize?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asia stocks rise after Fed chair downplays bigger rate hikeAsian stock markets followed Wall Street higher on Thursday after the Federal Reserve chairman downplayed the likelihood of bigger rate hikes following the U.S. central bank's biggest increase in two decades.
La source: CTVNews - 🏆 1. / 99 Lire la suite »