Stock market today: Wall Street slips as households get more nervous

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

European benchmarks are rising after Asian shares finished lower on looming worries over U.S. banks and lagging demand from China, the region’s major driver of growth.

in order to drive down inflation. Reports this week suggested inflation is continuing to moderate from its peak last year, though it remains way too high for the comfort of households and regulators.

One potential wild card arrived in Friday's report on consumer sentiment. It suggested U.S. households are girding for 3.2% inflation over the long run. That's higher than last month's reading of 3% and the highest level since 2011. Treasury yields rose in the bond market following the consumer-sentiment report. The yield on the 10-year Treasury erased an earlier dip and climbed to 3.43% from 3.39% late Thursday. It helps set rates for mortgages and other important loans.News Corp. rose 6.5% after it reported a milder drop in profit and revenue for the latest quarter than analysts expected.

 

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:

 /  🏆 80. 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.

Stock market today: Wall Street mixed as households get more nervousEuropean benchmarks rose Friday after Asian shares mostly declined on looming worries over U.S. banks and lagging demand from China, the region's major driver of growth.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »

Stock market news today: Tech stocks rise as inflation coolsUS stocks trade mixed as investors assess cooler April inflation data
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »