NEW YORK: Wall Street stocks finished lower on Tuesday as the Federal Reserve opened a monetary policy meeting amid strong consumer data and more White House pressure to cut rates.
US consumer confidence in July rebounded strongly as survey respondents reported robust labor and business conditions and increased optimism, according to the Conference Board.The report coincided with Commerce Department data showing a fifth consecutive monthly increase in personal income, suggesting retail spending should be healthy in the summer.
The better economic data means"the uncertainty surrounding the central bank's future policies has increased," said Gorilla Trades strategist Ken Berman. But Pfizer plunged 6.4 per cent as its deal announced Monday to merge its off-patent business with Mylan drew negative reviews.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Trade jitters running high at US companies ahead of new US-China talksNEW YORK (REUTERS) - Worries about the US-China trade war are running high during the current US quarterly reporting season, with companies as diverse as Juniper Networks and O'Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm.. Read more at straitstimes.com.
더 많은 것을 읽으십시오 »
Trade jitters running high at US companies ahead of new US-China talksWorries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with companies as diverse as Juniper ...
더 많은 것을 읽으십시오 »