What to watch today: Stocks set to take a breather after Dow, S&P 500 closing records

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

U.S. stock futures fell today, one day after the Dow and S&P 500 surged to closing records.

, knocked growth stocks, many of them tech names, as higher borrowing costs erode the value of future profits and squeeze market valuations. , the Labor Department releases its monthly JOLTS, job opportunities and labor turnover survey, at 10 a.m. ET.

Economists expect 7 million job openings as of the end of February, up slightly from 6.9 million the previous month. announced several high-level staff departures and proposed a cut to its dividend in the fallout from the Archegos Capital saga. The Swiss-based lender now expects a first-quarter pretax loss of around $960 million, after taking a $4.7 billion charge as a result of the U.S. hedge fund's meltdown.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

all eyes on the market

Very big changes to how the world functions has filtered into the higher education sector with the University of NSW partnering with OpenLearning (ASX: $OLL) to create a new online pathway program thats changing the future of EDU!!

Economic recovery will be built on educated upskilled workforce We know from experience, economic downturns lead to upturns in demand for education. An undisclosed amount of government funding will be invested in Micro-credentials.

ASX-OLL New annual report released Canaccord Genuity Report on $OLL - $0.50 Fair Value, $0.74 Bullish Target. A very good time to buy in the current stock price. Do Your own research before making any financial decisions

United States United States Latest News, United States United States Headlines