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2024-08-09 14:09:02

PBS NewsHour on Nostr: Wall Street unsteady as markets try to recoup losses from eventful week ========== ...

Wall Street unsteady as markets try to recoup losses from eventful week
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Early gains slipping away on Wall Street Friday; Futures for S&P 500 down 0.2%; Futures for Dow Jones Industrial Average down 0.1%; Nasdaq futures down 0.3%; Expedia reports Q2 sales and profit beating Wall Street's targets; Paramount reports streaming service's first profit and plans to cut 15% of workforce; European stocks modestly higher, potentially recouping losses from global market downturn; Nikkei 225 index closes 0.6% higher; Hang Seng in Hong Kong adds 1.2%; China's inflation higher than expected in July; S&P 500 jumps 2.3% on Thursday, Dow Jones rises 1.8%, Nasdaq climbs 2.9%; Treasury yields climb signaling calmer economy; S&P 500 still down nearly 10% from all-time high; Market swings look like positioning-driven crash rather than long-term downward market caused by recession; Energy trading sees gains in benchmark U.S. crude and Brent crude

#WallStreet #StockMarket #Economy #GlobalMarkets #S&p500 #DowJonesIndustrialAverage #Nasdaq #Expedia #Paramount #EuropeanStocks #Nikkei225 #HangSeng #ChinaInflation #TreasuryYields #CrudeOil

https://www.pbs.org/newshour/economy/wall-street-unsteady-as-markets-try-to-recoup-losses-from-eventful-week
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