Wall Street falls for fourth day as ECB stokes growth concerns
- Wall Street’s main indexes fell for a fourth consecutive session on Thursday, after Europe’s central bank said it would defer interest rate hikes and offered banks a new round of cheap loans, raising fresh concerns about global economic growth.
“On the one hand, dovish talk could be bullish. On the other hand, maybe it is indicating just how slow things are over there,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. “More than anything, we have been going up in a straight line for eight weeks and needed to take a break,” said Walter Todd, chief investment officer with Greenwood Capital in Greenwood, South Carolina.
The S&P 500 closed below its 200-day moving average, a closely watched technical level, for the first time in about a month. Declining issues outnumbered advancing ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 2.14-to-1 ratio favored decliners.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock futures pare losses after ECB pushes out rate hikeFutures pared earlier losses on Thursday to trade slightly higher after the Euro...
Weiterlesen »
Dovish ECB stance pushes Wall Street to fourth day of lossesWall Street fell for the fourth straight session on Thursday, weighed down by fi...
Weiterlesen »
U.S. stocks edge downward as Wall Street takes a pauseWall Street's main indexes fell slightly on Thursday as support from better...
Weiterlesen »
Ex-Fed's Dudley: Wall Street should stop blaming the central bank every time stocks dropDudley, who retired from the Fed in June 2018, said the central bank's actions have become a 'convenient whipping boy.'
Weiterlesen »
Nordstrom profit beats Wall Street, helped by discount storesDepartment store operator Nordstrom Inc on Thursday reported better-than-expecte...
Weiterlesen »
This gallery on Black Wall Street is bringing artists together to address Tulsa's racist pastThe series aims to be a platform for artists, especially black artists, to showcase talents. Beyond that, the purpose of the exhibition is to create positive relationships between communities in Tulsa that have long been marred by the city’s racist past
Weiterlesen »
Wall Street futures bounce as focus shifts to inflation, factory dataU.S. stock index futures bounced on Friday, setting up Wall Street's main i...
Weiterlesen »
Wall Street is having its best start to the year in nearly three decadesDecreasing trade tensions with China and less fear about rate hikes from the Federal Reserve have helped push stocks higher.
Weiterlesen »
Gap shares surge 25 percent as Wall Street praises splitGap Inc shares surged 25 percent on Friday as a number of Wall Street analysts l...
Weiterlesen »
Wall Street is having its best start to the year in nearly three decadesDecreasing trade tensions with China and less fear about rate hikes from the Federal Reserve have helped push stocks higher.
Weiterlesen »