Stocks edge lower in uncertain trading on Wall Street

📆 2022/12/19 20:16:00

South Africa News News

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

Wall Street futures pointed higher early Monday as markets try rebound from back-to-back weekly losses, driven by fears that interest rate hikes by the Federal Reserve and other central banks might tip the U.S. and global economies into recession.

The S&P 500 fell 0.2% as of 10:20 a.m. Eastern. The Dow Jones Industrial Average rose 60 points, or 0.2%, to 32,983 and the Nasdaq fell 0.7%. Small company stocks also fell. The Russell 2000 slipped 0.4%.

U.S. crude oil prices rose 2%. European markets gained ground and Asian markets closed lower overnight. Investors have several economic reports to review this week as they try to determine the continuing path of inflation.

📆 2022/12/19 20:16:00
📰 denverpost

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 72%

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:

Write Comment

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.

Jim Cramer's top 10 things to watch in the market Monday: Stocks, Elon Musk, AmazonMorgan Stanley's Mike Wilson sees the S&P 500 going as low as 3,000 next year.
Read more »