Stocks move broadly lower, threatening S&P 500 win streak

FILE- In this April 2, 2019, file photo specialist Gregg Maloney, left, and trader Tommy Kalikas work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 9. U.S. stocks moved broadly lower in early trading Tuesday on Wall Street, putting the S&P 500 index at risk of ending an eight-day winning streak.

The early drop comes on the heels of The International Monetary Fund's dour forecast for global economic growth. It now expects 3.3% global growth in 2019, matching the weakest year since 2009. The U.S. fares particularly poorly, with growth now expected at 2.3%, down from 2.9% in 2018. The latest round of corporate earnings reports will kick off on Wednesday with Delta Air Lines. Several banks, including JPMorgan Chase, will release their first-quarter results on Friday.

TRADE TROUBLES: European markets gave up early gains and turned broadly lower after the U.S. threatened to impose $11.2 billion of tariffs on European products, including cheese, wine and helicopters. The move would escalate a global trade war at the same time the U.S. is trying to resolve a trade dispute with China.

JavierSotoTV Javier, pls stop referring to Steven Miller as an “immigration hardliner”. Call him what he is, a white nationalist.

7/10 of 1% is 'broadly lower' Don't let anyone tell you ABC(D) isn't doing their part to deflect from PDJT roaring economy.

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.

S&P 500, Nasdaq edge higher as earnings season loomsThe S&P 500 and the Nasdaq edged into positive territory on Monday, with gains h... Accidental Renaissance. That's a real human being right there. He looks at that hair everyday and says 'Yup! That's my style!'
Source: Reuters - 🏆 2. / 97 Read more »

Rights groups urge Fortune 500 companies not to hire Trump officials involved in migrant family separation'However strong the opposition, your words are meaningless unless they are backed up with resolute action.' 'Fanatical leftist subversive groups urge Fortune 500 companies not to hire Trump officials involved in illegal alien family separation.' There, fixed your typos, . No charge this time, but if this persists, I'm gonna have to charge you. they wouldn't be separated if they hadnt broke the law When they enter legally...WHY is it Democrats can never discern the difference between 'Illegal immigrants' and LEGAL immigrants? Answer: because they could give a flying fluck, that's why.
Source: Newsweek - 🏆 468. / 52 Read more »