Wall St dips, dollar gains on mixed earnings, economic worries

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Wall Street headed lower and the safe-haven dollar strengthened as a spate of mixed earnings and soft economic data dampened investor risk appetite.

gained ground against a basket of world currencies as worries over corporate results and the global economic outlook deepened.The Japanese yen strengthened 0.31% versus the greenback at 133.83 per dollar, while Sterling was last trading at $1.2399, down 0.66% on the day.

Benchmark Treasury yields extended their drop but three-month yields jumped as market participants juggled concerns over the looming debt ceiling deadline and ongoing concerns - exacerbated by First Republic results - of a liquidity crisis in the regional banking sector.The 30-year bond last rose 51/32 in price to yield 3.6395%, from 3.729% late on Monday.reversed Monday's gain, plunging as economic worries offset optimism over China demand expectations.

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:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock ETFs see faster inflows despite Wall Street bear-market warningsStock ETFs are seeing accelerated inflows even as grimmer Wall Street predictions warn of a bear market ahead
Source: BusinessInsider - 🏆 729. / 51 Read more »