Stock market today: Wall Street slips below its record highs

  • 📰 SooToday
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 85%

South Africa News News

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

NEW YORK (AP) — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before.

NEW YORK — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before. The Nasdaq composite fell 0.5%. Delta Air Lines sank after reporting weaker results for the summer than expected.

The Fed has just begun cutting interest rates from a two-decade high, as it widens its focus to include keeping the economy humming instead of just fighting high inflation. In Asia, Japan's benchmark Nikkei 225 edged up 0.3% to finish at 39,380.89. Australia's S&P/ASX 200 rose 0.4% to 8,223.00. South Korea's Kospi added 0.2% to 2,599.16.

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:

 /  🏆 8. in ZA
 

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

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.

Stock market today: Wall Street slips under the weight of Treasury yields back above 4%NEW YORK (AP) — Stocks are slipping in early trading on Wall Street as pressure rises from the bond market, where Treasury yields hit their highest levels since the summer. The S&P 500 fell 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street drifts near record highs following recent big movesNEW YORK (AP) — U.S. stocks are drifting around their records as financial markets around the world take a pause following big recent moves. The S&P 500 was up 0.1% in early trading Wednesday.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwideNEW YORK (AP) — Wall Street is roaring toward records Thursday as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street wavers a day after setting record highsU.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 was down 0.2% Friday but still on track for its fifth winning week in the last six.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street slides as Treasury yields climb back above 4%NEW YORK (AP) — U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 fell 1% Monday, though it’s still close to its all-time high set a week ago.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street rallies following a burst of hiring in SeptemberNEW YORK (AP) — U.S. stocks are rallying on a rush of optimism after a report showed employers went on a stronger spree of hiring last month. The S&P 500 was 0.7% higher in early trading Friday and pulling toward its all-time high set on Monday.
Source: SooToday - 🏆 8. / 85 Read more »