NEW YORK — Stocks are barely budging in early trading on Wall Street as markets wait for a key report on inflation. The S&P 500 was up about 0.1% in the early going Wednesday. The Nasdaq composite was up 0.3%, and the Dow Jones Industrial Average fell 35 points, or 0.1%. Walgreens Boots Alliance sank more than 22% after reporting results that fell shy of forecasts and cutting its outlook. The company said it could close hundreds more stores in the next three years.
The latest updates on inflation could influence the central bank’s decision on when to begin cutting interest rates, which remain at their highest level in more than 20 years and which are having an impact worldwide. In markets, Boeing is down slightly after it was sanctioned by U.S. investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9.
In Asian trading, another set of measures to boost the Chinese property market failed to lift market sentiment. Hong Kong's Hang Seng fell 2.1% to 17,716.47, while the Shanghai composite index was down 0.9% at 2,945.85. In Tokyo, the Nikkei 225 index lost 0.8% to 39,341.54 amid concern over further weakness in the Japanese yen.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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Stock market today: Wall Street slips in early trading, edging further below last week's recordsStocks are off to a sluggish start on Wall Street, pulling major indexes further below the all-time highs they set last week. The S&P 500 index slipped 0.2% in the first few minutes of trading Wednesday. The Nasdaq composite gave back 0.
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Stock market today: Wall Street mixed as red-hot chipmaker Nvidia claws back some recent lossesMarkets on Wall Street were quietly mixed early Tuesday following a mixed session a day earlier that saw a third straight decline for red-hot chipmaker...
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Stock market today: Asian shares lower after Wall Street closes another winning weekHONG KONG (AP) — Asian shares were mostly lower Monday after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia ’s stock...
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