News Formal

Stocks are little changed following three-day slide for Dow, S&P 500

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Both the Dow and the S&P 500 declined for a third straight session Tuesday on thin trading volumes.

- Elliot SmithMorgan Stanley says the 'smart' EV industry is tech's next big thing. Here are its top stock picks

"The big fear I have at the back of my mind is if we're wrong and markets are wrong, and that this inflation is much more embedded at a much higher level than we appreciate or markets appreciate," he said, commenting on market expectations of inflation coming back down to 2% within the next two years.

Kashkari also pointed towards supply-side shocks driving "half to two-thirds" of the nation's high inflation.

 

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

4 stocks of streaming-related companies drop 5% or more as investors lose confidence that the Fed might ease up40% of S&P 500 and Nasdaq-100 stocks fell 3% or more.
Source: MarketWatch - 🏆 3. / 97 Read more »