Stock market today: Stocks fall in whipsaw trading action as inflation report looms

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nasdaq Composite Berita

Consumer Inflation

Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.

US stocks dropped on Tuesday as investors geared up for a looming consumer inflation report seen as crucial to determining the size of the first US interest-rate cut in years. The benchmark S&P 500 gave up earlier gains to fall about 0.5%, while tech-heavy Nasdaq Composite also reversed positive swings to decline roughly 0.3%. Losses tied to the Dow Jones Industrial Average accelerated by afternoon trading, with the index dropping roughly 1%, or about 500 points.

Volatility is stalking the markets as investors waver between hopes for a hefty 0.5% rate cut from the Federal Reserve and worries about recession risks. August's consumer inflation reading on Wednesday should provide some clues after the monthly jobs report left the market guessing on just how much the central bank will cut rates.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stock market today: Asian shares are trading mixed as investors gauge inflation dataTOKYO (AP) — Asian shares were trading mixed Tuesday after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly a...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: US futures steady as investors wait for next wave of dataLabor data is in focus as the prospect of rate cuts fails to offset growing doubts about the health of the economy.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: Asian shares echo Wall Street rally as investors gauge inflation dataTOKYO (AP) — Asian shares were trading mostly higher Tuesday after a rally on Wall Street that regained some of the losses from the market’s worst week in...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: Nasdaq edges higher, Dow drops as investors await key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: Dow ekes out another record as investors await Nvidia earningsStocks are struggling to find a footing as Nvidia's high-stakes earnings loom.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »