Wall Street drifts as it closes out its best week since November
NEW YORK — U.S. stocks are giving back some of their big gains from earlier in the week as Wall Street’s rally loses some steam on Friday.
Treasury yields were also dipping in the bond market after a report showed homebuilders broke ground on fewer projects last month. The weaker-than-expected data tossed a bit of cold water on the market following a flurry of better-than-expected reports this week on everything from inflation to sales at U.S. retailers.
The strong economic reports earlier this week helped Wall Street right itself following a scary few weeks where stocks had reeled worldwide on a range of worries.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Wall Street drifts, and trading remains quiet as profit reports keep pouring inWall Street drifts, and trading remains quiet as profit reports keep pouring in
Baca lebih lajut »
Wall Street holds relatively steady ahead of big tests coming later in the weekWall Street holds relatively steady ahead of big tests coming later in the week
Baca lebih lajut »
Reddit forecasts quarterly revenue above estimates on strong ad spendReddit (RDDT.N) forecast third-quarter revenue above Wall Street estimates
Baca lebih lajut »
Wall Street holds firm after inflation data clears the path for cuts to ratesWall Street holds firm after inflation data clears the path for cuts to rates
Baca lebih lajut »
Ugly day for global stocks across Wall Street, Europe, NikkeiGlobal stock market decline hits Wall Street, Europe, and Nikkei hard, leading to significant losses in financial markets worldwid...
Baca lebih lajut »
Small stocks are about to take over? Wall Street has heard that before.Small stocks are about to take over? Wall Street has heard that before.
Baca lebih lajut »