Wall Street saw a mixed performance on Wednesday. Despite a favorable consumer price index (CPI) report for February showing softer-than-expected inflation, the major stock indexes experienced varied results. The CPI indicated a mild increase in consumer prices. However, escalating trade tensions quickly overshadowed this positive economic indicator. As a result, while some indexes started the day with gains, they later relinquished a significant portion of these early increases. This fluctuation underscores the complex interplay between domestic economic indicators and international trade relations.
Sahi
@Sahi_HQ
·
Dec 30, 2024 Wall Street’s Major Indexes dropped sharply, hitting their lowest in over a week.Why is that?
Low trading volumes and high Treasury yields make the government bonds more attractive dampening the usual year-end Santa Claus rally.The VIX surged by 13.43% indicating
@BETWEEN THE LINES
@jc4433
·
Dec 28, 2024 Summary of the Top 5 US Financial News and the Top 5 US News for Dec. 28th, 2024:Top 5 US Financial News:**Wall Street Sell-Off Ends Holiday Week: Major indexes dropped Friday, with the Dow down 0.77%, S&P 500 losing 1.11%, and Nasdaq falling 1.49%, driven by profit-taking
Reuters
@Reuters
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Mar 3 Wall Street’s main stock indexes closed sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico. The S&P 500 slipped 1.76%, the Dow dropped nearly 1.5% and the Nasdaq spiraled almost 2.6% https://reut.rs/3D5p0md
Share_Talk ™
@Share_Talk
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Mar 4 The selloff on Wall Street is accelerating After just 30 minutes of trading, the S&P 500 has dropped 1.5%, shedding 89 points to 5,760. This decline brings the index back to levels seen just before last November’s election, effectively wiping out the “Trump Bounce.”Since
Reuters Business
@ReutersBiz
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Mar 3 Wall Street’s main stock indexes closed sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico. The S&P 500 slipped 1.76%, the Dow dropped nearly 1.5% and the Nasdaq spiraled almost 2.6%. Read: https://reut.rs/3D5p0md
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