Stock markets today: Global stocks lower ahead of US data

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Asian stock markets were mixed Monday ahead of a U.S. economic update this week that is expected to show growth slowing.

A currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 24, 2023. – Global stocks and Wall Street futures declined Monday ahead of a U.S. economic update that is expected to show growth slowing.

U.S. data this week are expected to show first-quarter economic growth weakened following interest rate hikes to cool business activity and inflation. That might encourage the Federal Reserve to postpone or scale down more possible rate hikes at its May meeting. In early trading, the FTSE in London fell 0.2% to 7,901.22 and the DAX in Frankfurt opened 0.1% lower at 15,860.34. The CAC 40 in Paris shed 0.3% to 7,558.20.

Health care companies and consumer product makers gained ground, offsetting losses in banks, technology stocks and elsewhere. Truist Financial and KeyCorp, two of the larger regional banks, were among the biggest decliners in the S&P 500. Truist fell 6% and KeyCorp ended 3.7% lower.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 246. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Morgan Stanley identifies 5 European stocks with downside risks ahead of earnings seasonThe Wall Street bank believes stock markets have priced in a potential 'over-earning' thanks to the 10% rally in the Stoxx Europe 600 index this year.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stock Market Crash: S&P 500 is Primed For 15% Drop, Comerica CIO Says'The equity market is poised to struggle in the weeks and months ahead': Comerica Bank's CIO says the S&P 500 is primed for a 15% drop as weak earnings, high valuations, and a hawkish Fed all work against it
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Why the stock market is so frustrating right nowWelcome to the grind.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Bond yields could drop if Treasury trading was like the stock marketBond yields could drop under an idea that would make Treasury trading more like the stock market
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »