U.S. stocks opened lower Friday as investors continued to watch for signs of stress in the banking system. The Dow Jones Industrial Average DJIA, -0.79% was down 0.4% soon after the opening bell, while the S&P 500 SPX, -0.84% fell 0.4% and the technology-heavy Nasdaq Composite COMP, -0.81% shed 0.3%, according to FactSet data, at last check.
Shares of Germany’s Deutsche Bank were slumping in Europe on Friday after the bank’s credit-default swaps widened. In U.S. economic news, orders for manufactured goods fell 1% in February, according to data released Friday by the Department of Commerce. The drop exceeded forecasts from economists polled by the Wall Street Journal for a 0.3% decline.
Biden economy is just bad for everyone
Friday nerves
This is the plan
Dump🫣
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market news today: Dow sinks as Powell deflates rate-cut hopesDow sinks more than 500 points after Fed delivers soft rate hike but Powell pushes back on expectations of cuts this year
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: CNBC - 🏆 12. / 72 Read more »