U.S. stocks fell at the start of Thursday's trade after disappointing Chinese economic data and elevated U.S. jobless claims underlined the struggles faced by the global economy as it looks to recover from the COVID-19 pandemic.
The S&P 500 fell 0.8% to 3,202. The Dow Jones Industrial Average shed 160 points, or 0.7%, to 26,701. The Nasdaq Composite was down 1.1% to 10,436.
Analysts said softer-than-expected consumer economic data from Beijing was weighing on stocks and other risky assets, with Chinese equity markets suffering their biggest one-day loss since February.
And in the U.S., first-time jobless claims for the week ending July 11 declined by only 10,000 compared to the prior week, to 1.3 million
Source : Market Watch
Asia-Pacific markets were all lower on Friday, tracking Wall Street's losses overnight and giving up gains from the previous day. Traders will also be watching chip stocks, after Taiwanese chip giant...
Nikkei Japanese stocks rose, erasing early losses to eke out gains as value stocks such as financials were buoyed by Berkshire Hathaway Inc.'s bumper yen bond sale raising hopes of more investment fr...
The S&P 500 slipped for a fifth straight day on Thursday, placing the benchmark on track for its longest losing streak this year. The broad index lost 0.3%, while the Nasdaq Composite dropped 0.6...
The S&P 500 advanced on Thursday as Wall Street attempted to recover its footing amid a losing streak for the benchmark index. Investors also continued parsing the latest corporate earnings report...
The European stock markets closed mostly higher in Thursday trading as The Stoxx Europe 600 gained 0.32%, France's CAC rose 0.52%, the FTSE in London increased 0.37%, Germany's DAX was up 0.45%, while...
Tokyo's key Nikkei index suffered its largest drop in more than three years Friday, following reports that Israel carried out strikes on Iran and after US tech stocks fell. The benchmark Nikkei 225 index ended down 2.66 percent, or 1,011.35...
Retail sales were flat last month in the U.K., limiting the boost to wider economic growth at the start of the year. Total sales volumes were no higher in March than in February, according to figures released Friday by the Office for National...
Gold surged close to a new record high as intensifying concerns about conflict in the Middle East pushed investors to the traditional safe haven. Spot bullion rose as much as 1.6% before paring gains after US officials said Israel had struck...
New home construction in the US slowed last month as consumers try to wait out high mortgage rates in hopes borrowing costs will ease later this...
Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center's...
The S&P 500 wavered on Tuesday after Federal Reserve chair Jerome Powell said interest rates may need to stay elevated.
The broad index lost...
Nikkei
Japanese stocks fell, marking their biggest three-day drop since October, as investors continued to be on watch for any risk of currency...