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USD/JPY: Bullish Case Eroding as US Economic Data Disappoints /
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2024-06-14 14:54:22

USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: Stocks Fall on US Economic Data and Europe Angst: Markets Wrap =============== ...

Stocks Fall on US Economic Data and Europe Angst: Markets Wrap
===============
#e140b6a8 ver:0.97

Stocks fall on weak US economic data and concerns about Europe, as Asian and European markets stumble. Energy firms weighed down by drop in oil prices after OPEC announces output increase. US manufacturing activity contracts for second month, indicating struggles with interest rates and consumer spending. Wall Street indexes diverge, with Nasdaq and S&P 500 supported by Big Tech. Investors worried about US economy, outweighing hopes of interest rate cuts. Oil prices extend losses, China's economic troubles and thinning US demand add to concerns. Sensex in India tumbles as Prime Minister's party expected to win less than anticipated. US stock indexes fall on weak labor market data, signaling potential economic slowdown and influencing expectations for rate cut. Profit-taking in tech and chip stocks exacerbates decline. Treasury yields dip, energy stocks drop. US stocks bounce back as job vacancies slip, but European and Asian markets fall. OPEC+ announces production cuts rollback, oil prices slide. US stocks open lower as investors weigh Fed's hawkish projections against cooling economy. Pre-market declines in tech companies raise doubts about rally's sustainability. Stock market ends week on sour note with disappointing US economic data and deepening political crisis in France. US consumer sentiment falls to seven-month low. French shares lose $200 billion in market cap after snap election announcement. Bonds see biggest weekly surge on record. S&P 500 drops, Stoxx Europe 600 falls. Dollar strengthens, euro weakens. Tesla investors approve Musk's compensation, Adobe projects strong sales, RH reports heavier-than-expected loss. #StockMarket #Economy #OilPrices #InterestRates #TechStocks #OPEC #JobMarket #Fed #EuropeanMarkets #AsianMarkets #FrenchElection #Bonds #Dollar #Tesla #Adobe #RH...

#newstr #StockMarket #UsEconomy #Opec #OilPrices #InterestRates #LaborMarketData #TechStocks #ChipStocks #TreasuryYields #EnergyStocks

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