Nasdaq leads Wall St declines as tech stocks slump after inflation data

Nov 27 - Wall Street's main indexes fell on Wednesday, with the Nasdaq leading declines as technology stocks slumped ahead of the Thanksgiving holiday, while investors focused on the Federal Reserve's next move following an in-line inflation reading.

A line chart titled"Annual change in US Personal Consumption Expenditures Price Index" that tracks the metric over the five years. In October the nationwide rate increased to 2.3% Dell , and HP, fell 10.5% and 10.1%, respectively, after downbeat quarterly forecasts and weighed on the Information Technology sector , opens new tab, which led sectoral declines and lost 2%.

Investors also assessed data earlier in the day which showed the economy grew at a solid clip in the third quarter, while weekly jobless claims fell again last week, leaving the door open for another interest-rate cut from the Federal Reserve in December. Minutes from the Fed's November meeting, released on Tuesday, showed policymakers were uncertain about the outlook for interest-rate cuts and how much the current rates were restricting the economy.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Jordan Becomes Crypto Market Reporter for Kitco CryptoKitco Crypto welcomes Jordan as its new Crypto Market Reporter. With a background in Psychology and Human Behavior, Jordan turned his focus to cryptocurrencies in 2017, noticing the rapid growth of the market. Since then, he has worked as a content creator and crypto news journalist, focusing on the latest developments in the crypto market.
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »

Ernestomorphic's In-Depth Approach to Market News Reporting for Kitco NewsKitco News has a committed team of journalists covering the economy, stock markets, commodities, cryptocurrencies, mining, and metals. Ernestomorphic, a Crypto and Market Reporter, brings over 15 years of experience in journalism and broadcasting to provide accurate and objective market insights. His work includes in-depth reporting, daily market roundups, interviews, and event coverage.
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »