U.S. Stocks Slide to Start 2021

  • 📰 WSJ
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

U.S. stocks wobbled on the first trading day of the year, dragged down by losses across everything from manufacturers to beverage makers

U.S. stocks slipped on the first trading day of the year, dragged down by losses across everything from manufacturers to beverage makers.

The Dow Jones Industrial Average was last down 645 points, or 2.1%, to 29973. The S&P 500 fell 2%, and the Nasdaq Composite was down 1.8%. Investors are starting off the new year fixated on the same issue that dominated markets for much of 2020: the coronavirus pandemic. Although money managers acknowledge the pandemic is far from over, many are holding out hope that economic activity will be able to pick up later this year.,” said Fahad Kamal, chief investment officer at Kleinwort Hambros.

Still, analysts warn that in the near-term, many companies still look vulnerable to financial pressures.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines