US stocks fall after disappointing data

2022-01-13 15:57:27 GMT (Economies.com)
US stocks fall after disappointing data

US stock indices (except for Dow Jones) fell in early trading on Thursday, after the release of disappointing economic data,

 

The US producer prices index rose by 0.2% in December, lower than forecasts of 0.4%.

 

The core PPI reading (excluding volatile commodities) rose by 0.5%, on par with forecasts.

 

The initial unemployment claims reached 230K during the past week, worse than forecasts of 199K, and worse than the previous reading of 207K.

 

As for stocks, Dow Jones rose 0.3% or 130 points to 36,418 as of 15:24 GMT, and S&P 500 fell 0.1% or 1 point to 4,725, while Nasdaq fell 0.3% or 42 points to 15,146 points.

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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Asia