US stocks came under heavy selling pressure Thursday as weak economic data and another sharp sell-off in chip stocks spurred losses across all three major indexes one day after the Federal Reserve signaled a likely rate cut in September. The tech-heavy Nasdaq Composite led losses, falling 2.
Piper Sandler's chief investment strategist Michael Kantrowitz reasoned Thursday's action showed markets digesting recent economic data as "bad news," despite potentially pointing to steeper Fed rate cuts in 2024. "When yields go down it could still be a good thing going forward if it comes from lower inflation," Kantrowitz told Yahoo Finance. "But if it comes from higher unemployment, bad , bad earnings, and bad macro data.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Stock market news today: Stocks whipsaw after steep Big-Tech sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market news today: US stocks steady after steep Big Tech-led sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: World stocks fall as investors are underwhelmed by Big Tech earningsWorld stocks fell Wednesday as the earnings reporting season ramped up for big companies, with investors showing a lack of enthusiasm for results so far.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market news today: US stocks wobble amid earnings flood, with Big Tech on deckA marquee earnings day brings Big Tech results, in focus as investors assess the future of this year's rally.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market news today: US stocks rise amid earnings flood, with Big Tech on deckA marquee earnings day brings Big Tech results, in focus as investors assess the future of this year's rally.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market news today: US stocks waver amid earnings flood, with Big Tech on deckA marquee earnings day brings Big Tech results, in focus as investors assess the future of this year's rally.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »