Wall Street edges down

Economies.com
2022-08-15 14:08PM UTC

US stock indices edged lower on Monday as investors continue to assess latest inflation data. 

 

US consumer prices slowed down in July, which might nudge the Fed to reconsider its policy approach. 

 

Otherwise, latest Chinese data showed retail sales and industrial output rose less than expected last month, while China's central bank cut down the main lending interest rates unexpectedly. 

 

Dow Jones steadied at 33,765 as of 14:06 GMT, while NASDAQ stabilized at 13,050, as S&P 500 slipped 0.1% to 4274. 

American Markets News

Americas News

Markets

US stock indices lose ground as the week wraps up
2024-04-19 16:39PM UTC
Most US stock indices declined on Friday as investors continue to follow developments in the Middle ...
Americas News

Markets

Wall Street stabilizes after data
2024-04-18 17:18PM UTC
US stock indices stabilized on Thursday following strong data that showed the Fed won’t be ...
Americas News

Markets

Wall Street resumes its decline as markets assess corporate earnings
2024-04-17 16:20PM UTC
US stock indices declined on Wednesday as markets assess corporate earnings and Fed Chair Jerome ...