Stock futures rose in overnight trading Sunday after the Dow fell for its 8th straight week amid a broader market sell-off.
Hyundai Plans $5 Billion Investment in U.S. on Mobility Technology Such as Autonomous Driving and Robotics
Eight of 11 sectors ended the week in the red, led by consumer staples, which dipped 8.63% and had its worst weekly performance since March 2020. Energy finished the week on top, rising 1.09%. Consumer discretionary and communication services also finished the week more than 32% off their 52-week highs.
"Investors are trying to come to grips with what exactly is happening and always try to guess what the outcome is," said Susan Schmidt of Aviva Investors."Investors hate, and the markets hate uncertainty, and this is a period where they don't have any clear indication on what's going to happen with this push-pull between inflation and the economy."names.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Weekend reads: Retail troubles and how to handle this scary stock marketIt might appear that the stock market finally fared pretty well for one week through May 19 — the benchmark S&P 500 index was down only 0.7%. But it’s on track to be down for seven straight weeks — the first time since 2002.
Lire la suite »
Which Sunscreen Should You Stock Up on This Summer?Which Sunscreen Should You Stock Up on This Summer? To help you choose the best lotion or spray, Consumer Reports puts dozens of them to the test.
Lire la suite »
Crypto exchange FTX is getting into stock tradingStock trading is currently available to a small group of users.
Lire la suite »
How To Understand Stock Market AlarmismTech Stocks Are Still Doing Better The S&P 500
Lire la suite »
Everyone wants Zelensky's green fleece – but it's out of stockEveryone wants Zelensky's green jacket, but it won't be back in stock until Ukraine's 'victory', company says
Lire la suite »
Bitcoin mining stock report: Friday, May 20Here's how crypto mining companies performed on Friday, May 20.
Lire la suite »