The stock market opened 0.5% lower after rising more than 2% in the previous session. EV makers like Tesla, Nio, and Li Auto also fell. The decrease in stock prices was influenced by stubborn inflation figures and strong economic data, which reduced the likelihood of the U.S. Federal Reserve cutting interest rates in June. On the other hand, China's service sector activity continued to expand, with the services purchasing managers index rising to 52.7 in March.
This growth was attributed to new business in the sector and improvements in underlying demand conditions and business development efforts
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:
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: Global shares are mostly lower as investors pin hopes on rate cutsGlobal shares are mostly lower as investors await further indications of future U.S. interest rate cuts.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »
Stock market today: Global shares are mostly lower as investors pin hopes on rate cutsGlobal shares are mostly lower as investors await further indications of future U.S. interest rate cuts.
Källa: ksatnews - 🏆 442. / 53 Läs mer »
Stock market today: World markets are mostly lower after retreat on Wall StreetShares have retreated in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon.
Källa: ksatnews - 🏆 442. / 53 Läs mer »
Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%Asian shares are mostly lower after Wall Street's huge rally faltered last week.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »
Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%Asian shares are mostly lower after Wall Street's huge rally faltered last week.
Källa: ksatnews - 🏆 442. / 53 Läs mer »
Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%Asian shares are mostly lower after Wall Street's huge rally faltered last week. Japan's Nikkei 225 index shed 2.5% early Monday. On Friday, the S&P 500 slipped 0.7% from its all-time high. It initially climbed after mixed data on the U.S. job market bolstered hopes for easier interest rates.
Källa: AP - 🏆 728. / 51 Läs mer »