U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions...
NEW YORK - U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions spooked investors away from equities and the extended U.S.-China trade war stoked fears of impending global recession.
“It’s the end of summer so a lot of market players aren’t on the job,” said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama. “It happens seemingly every August where we have events that move the market out of proportion to the events.” “Consumer confidence has held up well so we’ll see where the rubber meets the road with retail sales,” said Hellwig.
Second-quarter reporting season is approaching the finish line, with 452 of the companies in the S&P 500 having reported. Of those, 73.5% have beaten consensus estimates. Shares of Amgen Inc were up 4.5% following a court ruling that upheld two patents relating to its drug Enbrel.
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 set to open lower as trade war stokes fears of recessionWall Street was set to open lower on Monday, as investors shunned risky bets on ...
Baca lebih lajut »
Wall Street slides ahead of opening bell as fears mount over drawn-out trade warStock futures fell on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the US and China would significantly hamper global growth.
Baca lebih lajut »
Wall Street slips on political tensions, recession fearsU.S. stocks slipped on Monday as political tensions around the world and fears t...
Baca lebih lajut »
Markets Right Now: Stocks opening lower on Wall StreetMARKETS: Stocks edge lower in early trading on Wall Street amid investor concerns that the U.S.-China trade war may be worsening.
Baca lebih lajut »
Amazon's quest for constant growth is not leaving it with many friends — except for Wall StreetFrom industry stalwarts to high-profile politicians, seemingly everyone's turning their backs onAmazon these days, with one notable exception: Wall Street. 'None of this really concerns me — Everybody hates Goliath,' says one analyst.
Baca lebih lajut »
Wall Street analysts worry these stocks are caught in the deepening US-China trade warCNBC combed through Wall Street research to see which stocks would be hurt most by the ongoing US-China trade war.
Baca lebih lajut »