Wall Street's three major indexes opened higher but lost ground after a preliminary reading on U.S. consumer sentiment showed a sharp fall in October.
"This signals more of a risk off-sentiment," said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. The moves in bonds, equities and oil reflect worries about deteriorating consumer sentiment, the global economy and geopolitical conflict, she added. According to preliminary data, the S&P 500 lost 21.66 points, or 0.49%, to end at 4,328.34 points, while the Nasdaq Composite lost 166.98 points, or 1.23%, to 13,407.23. The Dow Jones Industrial Average rose 39.41 points, or 0.13%, to 33,673.39.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stocks fall, yields rise as inflation data comes in hotter than expectedConsumer price data showed a 0.4% inflation rate for September, higher than the 0.3% expected
Leggi di più »
Asia-Pacific stocks set to fall ahead of China inflation dataAsia-Pacific markets are set to fall ahead of China’s inflation and trade data for the month of September.
Leggi di più »
Asia-Pacific stocks set to fall ahead of China inflation dataAsia-Pacific markets are set to fall ahead of China’s inflation and trade data for the month of September.
Leggi di più »
Asia-Pacific stocks set to fall ahead of China inflation dataAsia-Pacific markets are set to fall ahead of China’s inflation and trade data for the month of September.
Leggi di più »
September CPI report: Stocks drift lower with inflation data doing little to clarify Fed rate pathFollow MarketWatch coverage of the consumer price index data and the ensuing reaction in financial markets.
Leggi di più »
Treasury yields are likely to fall, but it may not keep stocks risingFrances Yue covers the cryptocurrency market for MarketWatch.
Leggi di più »