Stocks fell on Wall Street as traders return from a long holiday weekend.
As many as 9,000 Americans die each year after receiving the wrong prescription drugs or doses. Pharmacies are fighting a bill to shed light on the problem.Markets in Europe and Asia were mixed. Hong Kong’s benchmark fell 2.1%, as investors sold real estate shares which have gained recently following government efforts to support the ailing industry.
Investors have a few economic reports to look forward to this week and the latest round of corporate earnings is essentially finished. The Institute for Supply Management releases its latest report on the U.S. services sector Wednesday. The services sector employs most Americans and is a big component of the economy. Its health could provide more insight into how inflation is affecting consumer spending.
Wall Street will also get updates on aspects of the manufacturing sector and consumer credit. DocuSign, GameStop, Dave & Buster’s and Kroger are set to report their most recent quarterly financial results this week.Last week, investors were busy reviewing a heavy load of economic data as they try to get a better picture of the economy. Much of the information fueled hopes that the Federal Reserve might moderate interest rate increases to tamp down inflation, which has been easing for months.
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.
Japanese stocks climb for sixth day as Hong Kong stocks gainStocks in the Asia-Pacific region mostly grew Monday, Sept. 4, Japanese shares climbing for the sixth day. The Hang Seng Index of Hong Kong companies added...
Lire la suite »
Japanese stocks climb for seventh day as Hong Kong stocks dropAsia-Pacific stocks mostly decreased Tuesday, Sept. 5, Japanese shares climbing for the seventh day. Hong Kong's Hang Seng Index fell 2.1% to 18,456.91,...
Lire la suite »
Wall Street is raising quarterly profit forecasts for the first time in two yearsGrowing optimism about the economy is starting to filter down into Wall Street's expectations for individual companies' quarterly results.
Lire la suite »
AUD/USD rebounds ahead of RBA’s decision, as Wall Street pauses on Labor DayThe Australian Dollar (AUD) pared some of its last Friday’s losses against the US Dollar (USD) ahead of the upcoming Reserve Bank of Australia’s (RBA)
Lire la suite »
Here are Tuesday's biggest analyst calls: Nvidia, Apple, Disney, Walmart, Lowe's, Alphabet & moreHere are the biggest calls on Wall Street on Tuesday.
Lire la suite »