Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown on Nostr: US Stock Market Closes Mixed After Lackluster Session =============== #8e73873c ...
US Stock Market Closes Mixed After Lackluster Session
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#8e73873c ver:0.59
The US stock market closed mixed as the Dow Jones reached a one-month high, while the Nasdaq and S&P 500 pulled back from their early highs. Profit-taking and uncertainty about interest-rate cuts influenced the downturn. Economic data showed a moderate decline in unemployment claims and a drop in housing construction. Bond yields rose, and the dollar index remained strong. Analysts predict a potential pullback of up to 12% in stocks, while JPMorgan Chase CEO warns of a 'hard landing' for the US economy. Investors shed nearly $30 billion of US equity funds, with outflows in large cap and multi-cap funds. The market awaits GDP and PCE data, consumer confidence, stress test results, and more from the Federal Reserve. The S&P 500 and Nasdaq 100 face potential support levels amid signs of a deeper correction. #StockMarket #Economy #Investing...
#newstr #UsStockMarket #DowJones #Nasdaq #S&p500 #Nvidia #EconomicData
https://here.news/story/8e73873c?ver=0.59
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#8e73873c ver:0.59
The US stock market closed mixed as the Dow Jones reached a one-month high, while the Nasdaq and S&P 500 pulled back from their early highs. Profit-taking and uncertainty about interest-rate cuts influenced the downturn. Economic data showed a moderate decline in unemployment claims and a drop in housing construction. Bond yields rose, and the dollar index remained strong. Analysts predict a potential pullback of up to 12% in stocks, while JPMorgan Chase CEO warns of a 'hard landing' for the US economy. Investors shed nearly $30 billion of US equity funds, with outflows in large cap and multi-cap funds. The market awaits GDP and PCE data, consumer confidence, stress test results, and more from the Federal Reserve. The S&P 500 and Nasdaq 100 face potential support levels amid signs of a deeper correction. #StockMarket #Economy #Investing...
#newstr #UsStockMarket #DowJones #Nasdaq #S&p500 #Nvidia #EconomicData
https://here.news/story/8e73873c?ver=0.59