Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks fall after disappointing data

Economies.com
2021-07-15 14:12PM UTC

US stock indices fell in early trading on Thursday, after disappointing economic data, and the release of several corporate earnings results.

 

Data showed today the Chinese GDP reading showed a growth of 7.9% during the second quarter, lower than forecasts of 8%.

 

China's industrial production rose 8.3% during the second quarter, retail sales rose 12.1%, and the unemployment rate held at 5%.

 

The US unemployment claims fell to 360K last week, from the previous reading of 386K, worse than forecasts of 350K. 

 

The US industrial production rose 0.4% during June, lower than forecasts of a rise by 0.6%.

 

As for stocks, Dow Jones fell 0.1% or 40 points to 34,892 as of 13:58 GMT, and S&P 500 fell 0.1% or 6 points to 4,367, while Nasdaq fell 0.1% or 4 points to 14,640.

American Markets News

Americas News

Markets

Wall Street boosted by resurgent demand on tech sector
2025-12-02 17:07PM UTC
U.S. equities rose on Tuesday as renewed demand for technology stocks and crypto-linked names ...
Americas News

Markets

Wall Street opens December lower
2025-12-01 16:43PM UTC
US stock indices fell at the start of Monday’s session, the first trading day of December, ...
Americas News

Markets

Dow Jones closes higher, marking seventh monthly profit in row
2025-11-28 19:32PM UTC
US stock indexes rose on Friday after a technical issue affecting futures trading was resolved, ...