NEW YORK — Stocks are drifting, keeping Wall Street on track to close out its first losing week in the last three. The S&P 500 was up 0.2% early Friday. The Dow was flat and the Nasdaq composite edged up 0.3%. Stocks have been under pressure this week because of worries that a too-warm economy will push the Federal Reserve to keep interest rates higher for longer. Those worries have pushed yields higher in the bond market, which hurts stock prices.
Early movers Friday include gun manufacturer Smith & Wesson, which is up 14% after it posted sales and profit that beat Wall Street forecasts. Japan, the world’s third largest economy, grew at a 4.8% annual pace in the April-June quarter, below the earlier estimate of 6% growth, according to data released Friday.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Stock market today: Big Tech stocks drag Wall Street down againNEW YORK (AP) — Wall Street is sinking again on worries that a too-warm economy will push the Federal Reserve to keep interest rates higher for longer. The S&P 500 fell 0.7% early Thursday, on track for a third straight loss.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Wall Street’s Stock Market Calls Vary by Firm — and by FloorThis year’s astounding run in the S&P 500 Index has left forecasters split about what the world’s largest stock market will do next, and on Wall Street, the biggest disagreements often are emerging within the same firm.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »
Stock market today: Wall Street loses ground as weak stretch continuesNEW YORK — Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 fell 0.7% Wednesday. The Dow fell 198 points, or 0.6%, and the Nasdaq composite gave back 1.1%.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Asia Stocks to Follow Wall Street’s Apple-Led Drop: Markets Wrap(Bloomberg) -- Stocks in Asia were set to follow a big tech-led drop on Wall Street amid concern over how a Chinese ban on Apple Inc.’s iPhone could impact the industry that has driven this year’s market rally. The dollar held gains.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesSoaring US Dollar Raises Alarm as China, Japan Escalate FX
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »