Stock Market Today: April Ends on Sour Note Ahead of Fed Decision

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 52%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

McDonald's and Eli Lilly reported earnings, while pot stocks soared on news that the White House may reclassify marijuana as a less dangerous drug.

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.

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:

 /  🏆 468. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

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.

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
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: Wall Street rallies again to erase more of April’s lossesU.S. stocks rallied for a second straight day Tuesday to blunt the blow of what’s been a rough April. The S&P 500 made back ground after a losing streak.
La source: latimes - 🏆 11. / 82 Lire la suite »

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.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

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.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

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.
La source: AP - 🏆 728. / 51 Lire la suite »

Stock market today: Asia stocks rise with market focus on signs of interest rate cutAsia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low.
La source: AP - 🏆 728. / 51 Lire la suite »