Stocks sink again on Wall Street as inflation worries mount

  • 📰 AP
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Inflation worries are rattling Wall Street, pulling the Dow Jones Industrial Average more than 680 points lower and placing the major stock indexes on track for their worst week in more than six months.

FILE - In this Nov. 23, 2020 file photo, the New York Stock Exchange is seen in New York. Stocks are opening lower, Wednesday, May 12, 2021, on Wall Street and bond yields are rising as investors reacted to a worse-than-expected increase in inflation last month.

The selling came as investors reacted to a surprisingly big jump in inflation last month that stoked concerns that the economy may bounce back too fast from its pandemic-induced doldrums. “Inflation and interest rate jitters are hitting the market today, but for now the sell-off has been orderly,” said Cliff Hodge, chief investment officer for Cornerstone Wealth. “Letting some air out of these sky-high valuations is a positive going forward.”The S&P 500 lost 89.06 points, or 2.1%, to 4,063.04, its biggest one-day drop since late February.

Investors have been worrying that inflation could return after being absent for many years as the economy revs out of the recession brought on by the pandemic. Federal Reserve officials and other economists have said moderate inflation may actually be a good thing in a recovery.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Yeah Wall Street stay worried about something.

who the hell knows what motivates the stocks these days?

Putin has unleashed his Russian hell hounds of cyber disruption onto America's energy infrastructure. It will affect the U.S. economy adversely, w/ gas shortages & inflationary pressures. Warfare w/enemies will not be fought conventionally. But w/computers & cyber technology!

Well, in 228 years we accrued 20 trillion in debt (1790-2018), then in the last three years we added a mind boggling 9 trillion. So yea inflation will occur.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 728. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

The Exchange: Finance far away from Wall StreetIt’s not often we hear from the boss of a finance business based in Milwaukee. Even more unusual is to find one that is owned by its customers. Rob Cox chats with Northwestern Mutual CEO John Schlifske about investing, interest rates, ESG and the benefits of mutual ownership.
แหล่ง: Breakingviews - 🏆 470. / 51 อ่านเพิ่มเติม »

What to watch today: Wall Street set for a lower open as tech stocks remain under pressureEquity futures pointed to losses on Wall Street at Tuesday's opening bell, a day after losses in major U.S. tech stocks weighed on the market. Buy the dip ( own view ) The biggest advantage $BTC has over $ETH is that you don't have to trust Ethereum people. Learn more about $doge currency’s Bitcoin really does feel more decentralized, easier and safer to recommend in that sense. If I was a nation state I'd pick BTC to hoard. DM to know more. thank you very much for your work
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Stocks Poised to Extend Decline, Led by TechS&P 500 futures pointed to steepening losses after the opening bell, with technology stocks on track to be among the worst performers.
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

Three Dow stocks could lead the next leg of the rally, traders sayAs the Dow hits record highs, Ari Wald of Oppenheimer and Quint Tatro of Joule Financial share their favorites of the blue-chip index. TradingNation Hedge Funds are selling in preparation to StockMarket crash!
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »