US stocks open week on mixed note | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

United States News News

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

NEW YORK, Oct 11 — Wall Street stocks were mixed early today as rising energy prices sharpened inflation worries ahead of key earnings and economic reports later in the week. Equity markets were poised for more volatility as oil prices surged to fresh multi-year highs amid worries over the...

NEW YORK, Oct 11 — Wall Street stocks were mixed early today as rising energy prices sharpened inflation worries ahead of key earnings and economic reports later in the week.

Analysts had already been boosting their inflation forecasts due to myriad supply chain and logistics problems that are boosting consumer prices.The broad-based S&P 500 dipped 0.1 per cent to 4,387.82, while the tech-rich Nasdaq Composite Index shed 0.3 per cent to 14,538.39. The earnings season is expected to feature “a lot of discussion about margin pressures” due to higher costs, said Briefing.com analyst Patrick O’Hare.

 

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

 /  🏆 1. in US

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