Stock market today: Wall Street drifts at start of shortened trading day after its big rally

  • 📰 CP24
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 67%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Stocks are drifting at the start of a shortened trading day Monday as momentum slows on Wall Street following a powerful rally.

The S&P 500 was 0.1% lower in early trading, though it’s still close to its highest level since April 2022. The Dow Jones Industrial Average was down 89 points, or 0.3% at 34,317, as of 9:40 a.m. Eastern time, while the Nasdaq composite was 0.2% higher.

Much of the rest of the market was quieter following a rally where the S&P 500 climbed in six of the last seven weeks to send the index up nearly 16% for the first half of the year. That’s better than Wall Street’s main measure of health has done in 16 of the last 23 full years. One area of the economy that has faltered is manufacturing, and a report later on Monday morning is expected to show another month of contraction for the industry.

The Fed has already hiked rates by a mammoth 5 percentage points from virtually zero early last year in hopes of getting inflation under control. But it’s hinted that it may be close to the end of the increases, which would mean less added pressure on the economy and financial markets. Much of Wall Street expects it to raise rates on July 26.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 30. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock market today: Wall Street drifts higher ahead of July 4th holiday in U.S.World shares rose Monday as investors took heart from reports that show inflation is abating, which might enable the Federal Reserve to back away from interest rate hikes.
ソース: CTVNews - 🏆 1. / 99 続きを読む »

After first-half rally, stocks’ July winning streak on the lineEquities must navigate employment data and an earnings season that could be precarious
ソース: globeandmail - 🏆 5. / 92 続きを読む »

Stock market today: World shares are higher on optimism that price pressures may be easingWorld shares rose Monday as investors took heart from reports that show inflation is abating, which might enable the Federal Reserve to back away from interest rate hikes.
ソース: CTVNews - 🏆 1. / 99 続きを読む »