US stocks fall as LVMH and ASML earnings fuel global slowdown fears

Investing.com-- U.S. stocks fell Tuesday as investors digested a series of quarterly corporate earnings, with the banking sector in the spotlight.

Both benchmarks had settled about 2% lower on Monday and have continued to retreat after China logged a fifth straight monthly decline in oil imports, spurring fears of weak demand. Oil prices were also dented by traders pricing out a risk premium after a report on Monday said Israel will not attack Iran’s oil and nuclear facilities. Such a strike would have marked a major escalation in the conflict and had investors concerned about a disruption to supply from this oil-rich region.Scan QR code to install app

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Major global chip stocks rally on Micron's 15% surge; ASML up 4%Micron shares rose 15% in after-hours trade in the U.S. on Wednesday, sparking a rally
Bron: CNBC - 🏆 12. / 72 Lees verder »