Wall Street stocks fall as markets weigh strong wage data, Fed meeting

  • 📰 malaymail
  • ⏱ Reading Time:
  • 27 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Wall Street أخبار

Us Stocks

NEW YORK, May 1 — US stocks ended lower yesterday as markets weighed economic data showing rising labour costs and deteriorating consumer confidence on the day of a key Federal...

NEW YORK, May 1 — US stocks ended lower yesterday as markets weighed economic data showing rising labour costs and deteriorating consumer confidence on the day of a key Federal Reserve policy meeting to decide the direction of interest rates.

The reports came a day before the Federal Reserve Open Market Committee ends its two-day meeting, with investors widely expecting the central bank to leave interest rates unchanged. “But nothing has changed: growth is still strong, labour markets are holding up, and ultimately we’re taking a little bit of breather in the disinflation process,” Melson added.

Shares of GE HealthCare shrank after its first-quarter revenue missed analyst estimates, 3M gained after posting a better-than-expected quarterly profit.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 1. in SA

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.

Wall Street stocks finish higher as investors focus on Fed movesNEW YORK, April 30 ― US stocks ended higher yesterday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say...
مصدر: malaymail - 🏆 1. / 86 اقرأ أكثر »