Dow tops 45K for first time -- but Wall Street slips as tech stocks slump

  • 📰 nypost
  • ⏱ Reading Time:
  • 46 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 67%

Business أخبار

Dow Jones Industrial Average,Economy,Federal Reserve

Investors also focused on the Federal Reserve’s next move following an in-line inflation reading.

‘Several’ of Trump’s cabinet noms, other appointees targeted with ‘violent, un-American’ bomb threats

In afternoon trading, the Dow Jones Industrial Average fell more than 100 points points, or 0.3%, to 44,732. The blue-chip index had closed at record highs for three straight sessions.Macy’s Santa Claus poses on the floor after ringing the opening bell on Wednesday. The Dow fell after crossing 45,000.

The sentiment spread to megacaps such as Nvidia and Microsoft, which dropped 3.5% and 1% respectively, while the Philadelphia SE Semiconductor Index slid 3.2% to hit a more than two-month low. “There are questions around the effects of Trump’s stated tariff policy, which, if implemented could be pretty inflationary and so the Fed is going to have to balance itself between the economic data and the incoming administration’s policy agenda.”, including his latest stance on imports from Mexico, Canada and China, which could push up prices, spark a trade war and weigh on growth globally.

 

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:

 /  🏆 91. 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.

Stock futures are little changed as Wall Street awaits labor data and more earnings: Live updatesStocks notched a winning session on Monday.
مصدر: nbcsandiego - 🏆 524. / 51 اقرأ أكثر »