Tajuk : STOCKS SLIP LOWER: Here’s what you need to know
link : STOCKS SLIP LOWER: Here’s what you need to know
STOCKS SLIP LOWER: Here’s what you need to know
Stocks slipped on Friday amid underwhelming economic data on consumer prices and retail sales.
All three major indices moved less than 0.2% as stocks stayed mired in a tight trading range. The S&P 500 declined further from record highs reached on Wednesday.
First up, the scoreboard:
- Dow: 20,892.71, -26.71, (-0.13%)
- S&P 500: 2,390.63, -3.80 (-0.16%)
- Nasdaq: 6,121.23, +5.27 (+0.09%)
- US 10-year yield: 2.326%, -0.0616
- WTI crude: $47.90, +0.07, (0.15%)
1. US consumer prices rebounded in April. The consumer price index, a basket of consumer goods that reflects price changes, rose 0.2% from March.
2. Retail sales missed forecasts. Sales rose by 0.4% month-over-month in April. Economists were expecting a 0.6% increase.
3. US oil rig count rose for 17th straight week, extending the longest stretch since 2011. It reached the highest level since the week of April 17, 2015. The streak of gains illustrates that drillers are finding efficient ways to ramp up production in a lower oil-price environment.
4. Bigger paychecks for US workers could be bad news for stocks. Stock investors have already begun rewarding companies with the lowest labor costs, since they’re seen as better able to absorb rate hikes.
5. Money is pouring into one of the world’s biggest stock markets at a record pace. Investors poured roughly $6 billion into European equities last week, the most in history.
6. JC Penney tanked after a big miss on sales. Net sales totaled $2.71 billion, missing the forecast for $2.77 billion.
ADDITIONALLY:
JCPenney has hit an ugly milestone that no company wants
GOLDMAN: America’s biggest companies are obsessed with these 3 themes right now
One Wall Street analyst says Snap is an ‘excellent buying opportunity’
UBS: Here are the 10 stocks that are set to explode higher
Macy’s has reached a ‘sobering breakpoint’
$385 BILLION FUND CHIEF: There are too many fund managers on Wall Street
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qec5nP
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
Stocks slipped on Friday amid underwhelming economic data on consumer prices and retail sales.
All three major indices moved less than 0.2% as stocks stayed mired in a tight trading range. The S&P 500 declined further from record highs reached on Wednesday.
First up, the scoreboard:
- Dow: 20,892.71, -26.71, (-0.13%)
- S&P 500: 2,390.63, -3.80 (-0.16%)
- Nasdaq: 6,121.23, +5.27 (+0.09%)
- US 10-year yield: 2.326%, -0.0616
- WTI crude: $47.90, +0.07, (0.15%)
1. US consumer prices rebounded in April. The consumer price index, a basket of consumer goods that reflects price changes, rose 0.2% from March.
2. Retail sales missed forecasts. Sales rose by 0.4% month-over-month in April. Economists were expecting a 0.6% increase.
3. US oil rig count rose for 17th straight week, extending the longest stretch since 2011. It reached the highest level since the week of April 17, 2015. The streak of gains illustrates that drillers are finding efficient ways to ramp up production in a lower oil-price environment.
4. Bigger paychecks for US workers could be bad news for stocks. Stock investors have already begun rewarding companies with the lowest labor costs, since they’re seen as better able to absorb rate hikes.
5. Money is pouring into one of the world’s biggest stock markets at a record pace. Investors poured roughly $6 billion into European equities last week, the most in history.
6. JC Penney tanked after a big miss on sales. Net sales totaled $2.71 billion, missing the forecast for $2.77 billion.
ADDITIONALLY:
One Wall Street analyst says Snap is an ‘excellent buying opportunity’
UBS: Here are the 10 stocks that are set to explode higher
Macy’s has reached a ‘sobering breakpoint’
$385 BILLION FUND CHIEF: There are too many fund managers on Wall Street
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qec5nP
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
dengan itu Perkara STOCKS SLIP LOWER: Here’s what you need to know
Kini anda membaca artikel STOCKS SLIP LOWER: Here’s what you need to know dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/stocks-slip-lower-heres-what-you-need.html
Related Posts :
China ironically decides to clamp down on online news outlets on World Press Freedom Day- Audioboom’s revenues jumped last year because podcasts are so popular
- Malaysia-Bahrain kongsi maklumat perisikan, jalin latihan ketenteraan
- ROGUE PM NAJIB – EVEN HIS CHIEF JUSTICE IS DUBIOUS: UNCONSTITUTIONAL TO EXTEND CJ’s TENURE BEYOND PRESCRIBED AGE LIMIT of 66
- ISTERI TERKEJUT MELIHAT SUAMI BERASMARA DENGAN ANAK DIDAPUR !!
0 Response to "STOCKS SLIP LOWER: Here’s what you need to know"
Catat Ulasan