Stocks skid Monday as growth worries outweigh Barr summary of Mueller report
U.S. stocks retreated Monday morning as worries about global growth overwhelmed the market’s attempt to regroup after data showing weakness on the global economic front triggered heavy losses last Friday.
Asian shares tracked Friday’s Wall Street losses as global-growth worries were back in focus for Monday. The Nikkei-225 index NIK, -3.01% gave up 3%, while Europe stocks also fell in early trading.Market participants were also digesting Special Counsel Robert Mueller’s investigation released on Sunday, which apparently didn’t find evidence that the Trump campaign “conspired or coordinated” with Russia to influence the 2016 presidential election.
Speaking in Hong Kong on Monday, Chicago Federal Reserve President Charles Evans said it was prudent to remain patient and see what further data brings before deciding on further interest-rate moves. What are strategists saying? “Things may calm down if we feel some good vibrations from the trade talks in Beijing later this week, but it could be a rocky few days to start,” said Jeffrey Halley, senior market analyst at OANDA, in a note to clients.
The Wall Street Journal reported that Apple will charge for the service, with subscriptions to HBO, Showtime and Starz for $9.99 a month, but not to Netflix Inc. NFLX, +0.42% Netflix’s stock was up 0.6%.
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.
Why is the Dow falling? Banks and tech stocks drag down market on Wall StreetU.S. stocks moved broadly lower on Wall Street Friday, dragged down by banks and industrial companies.
Lire la suite »
Wall Street falls at open on global growth worriesU.S. stocks opened lower on Friday after downbeat data from Europe fueled fears ...
Lire la suite »
Stocks making the biggest moves midday: Tiffany, Nike, Avon Products & moreThese are the stocks posting the largest moves midday Friday.
Lire la suite »
Wall Street stumbles as investors spooked by signs of economic slowdownWall Street stocks sold off sharply on Friday, with all three major U.S. stock i...
Lire la suite »
Wall Street tumbles on global economic slowdown fearsWall Street stocks sold off sharply on Friday, with all three major U.S. stock i...
Lire la suite »
Stocks making the biggest moves midday: Facebook, Deutsche Bank, Lumber Liquidators & moreThese are the stocks posting the largest moves midday Monday.
Lire la suite »
Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tapU.S. stocks flitted between gains and losses on Monday, with losses in Boeing an...
Lire la suite »
Morgan Stanley: Get defensive because the inverted yield curve is sending a messageInvestors should 'remain defensively positioned' on stocks, Morgan Stanley's equity strategist Michael Wilson said on Monday.
Lire la suite »
Wall Street opens lower as global growth fears persistU.S. stocks opened lower on Monday, weighed by technology shares, as investors w...
Lire la suite »
Brexit: What will happen in the British parliament on Monday?British lawmakers will seek to use a vote on the government's next steps on...
Lire la suite »