The negative open set for European stocks comes after regional markets closed lower on Wednesday as fears over inflation rattled markets on both sides of the Atlantic.
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Stocks fall sharply as Target's woes renew inflation fearsNEW YORK (AP) — The Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday, as big earnings misses by Target and other major retailers stoked investors' fears that surging inflation could cut deeply into corporate profits. I was telling my wife a joke about inflation, but she didn't get it. It really fell flat. If you have to spend all you money on gasoline, other purchases will be cut back. Companies doing deliberately inflation to profit
Source: AP - 🏆 728. / 51 Read more »
Stocks fall sharply as Target's woes renew inflation fearsThe Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Stocks fall sharply as Target’s woes renew inflation fearsThe S&P 500, the benchmark for many index funds, fell 4%. Target lost a quarter of its value, dragging other retailers down with it, after saying its profit fell by half in the latest quarter as costs for freight and transportation spiked.
Source: ActionNewsJax - 🏆 436. / 53 Read more »
Japan's Nikkei 225 Drops More Than 2% as Asia Stocks Fall Following Tumble on Wall StreetMajor indexes on Wall Street declined more than 3.5% overnight, with the Dow Jones Industrial Average closing at its lowest since March 2021.
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Stocks fall sharply as Target's woes renew inflation fearsThe Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday. Thank Mr 🤡 Biden for crashing the market.
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Asia-Pacific stocks set for lower start following tumble on Wall StreetMajor indexes on Wall Street declined more than 3.5% overnight, with the Dow Jones Industrial Average closing at its lowest since March 2021.
Source: CNBC - 🏆 12. / 72 Read more »