首页 社会内容详情
皇冠现金网开户(www.hg108.vip)_Wall Street stumbles as consumer pessimism stokes growth fears

皇冠现金网开户(www.hg108.vip)_Wall Street stumbles as consumer pessimism stokes growth fears

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

皇冠现金网开户www.hg108.vip)是一个开放皇冠正网即时比分、皇冠现金网开户的平台。皇冠现金网开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP,提供皇冠现金网代理开户、皇冠现金网会员开户业务。

,The Dow Jones Industrial Average .DJI fell 491.27 points, or 1.56%, to 30,946.99, the S&P 500 .SPX lost 78.56 points, or 2.01%, to 3,821.55 and the Nasdaq Composite .IXIC dropped 343.01 points, or 2.98%, to 11,181.54. (File pic shows the Iconic 'Fearless Girl" at Wall Street)Wall Street NYSE fearless girl

NEW YORK: Wall Street closed sharply lower in a broad sell-off on Tuesday as dire consumer confidence data dampened investor optimism and fueled worries over recession and the looming earnings season.

The S&P and the Nasdaq fell about 2% and 3% respectively, with Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com AMZN.O weighing the heaviest. The blue-chip Dow shed about 1.6%.

"Markets were fine today until the consumer confidence number came out," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. "It was weak and markets immediately began selling off."

With the end of the month and the second quarter two days away, the benchmark S&P 500 is on track for its biggest first-half percentage drop since 1970.

All three indexes are on course to notch two straight quarterly declines for the first time since 2015.

"At some point this aggressive selling is going to dissipate but it doesn't seem like it's going to be anytime soon," said Tim Ghriskey, senior portfolio strategist Ingalls & Snyder in New York.

Data released on Tuesday morning showed the Conference Board's consumer confidence index dropping to the lowest it has been since February 2021, with near-term expectations reaching its most pessimistic level in nearly a decade.

The growing gap between the Conference Board's "current situation" and "expectations" components have widened to levels that often precede recession:

The Dow Jones Industrial Average .DJI fell 491.27 points, or 1.56%, to 30,946.99, the S&P 500 .SPX lost 78.56 points, or 2.01%, to 3,821.55 and the Nasdaq Composite .IXIC dropped 343.01 points, or 2.98%, to 11,181.54.

Ten of the 11 major sectors in the S&P 500 ended the session in negative territory, with consumer discretionary .SPLRCD suffering the largest percentage loss. Energy .SPNY was the sole gainer, benefiting from rising crude prices CLc1. O/R

With few market catalysts and market participants gearing up for the July Fourth holiday weekend, the day's sell-off cannot be blamed entirely on the Consumer Confidence report, said Tom Hainlin, national investment strategist at U.S. Bank Wealth Management in Minneapolis, Minnesota.

"It’s hard to attribute (market volatility) to one economic data point with so much noise around portfolio rebalancing at quarter-end," Hainlin said.

"There’s not a lot of new information out there and yet you see this volatile stock environment," he said, adding that there will not be much new information until companies start earnings.

  • 新2足球网址(www.hg108.vip) @回复Ta

    2022-07-10 00:17:26 

    “For the court’s information, the decision on Azeez’s application at the Court of Appeal to strike out all his charges was set on July 1,” she said at case mention proceedings before Sessions Court judge Azura Alwi.精彩,每日必读啊

发布评论