U.S. stocks open lower as investors look ahead to April inflation report

South Africa News News

U.S. stocks open lower as investors look ahead to April inflation report
South Africa Latest News,South Africa Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

U.S. stocks opened lower Tuesday, as investors await remarks from Federal Reserve Bank of New York President John Williams and look ahead to Wednesday’s inflation report. The Dow Jones Industrial Average was down 0.2% soon after the opening bell:

U.S. stocks opened lower Tuesday, as investors await remarks from Federal Reserve Bank of New York President John Williams and look ahead to Wednesday’s inflation report. The Dow Jones Industrial Average DJIA was down 0.

2% soon after the opening bell, while the S&P 500 SPX fell 0.4% and the Nasdaq Composite COMP shed 0.6%, according to FactSet data, at last check. Investors will get a reading on inflation in April from the consumer-price index on Wednesday. Meanwhile, New York Fed President Williams is scheduled to speak around noon on Tuesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EUR/USD Forex Signal: Stuck in a Range Ahead of a BreakoutEUR/USD Forex Signal: Stuck in a Range Ahead of a BreakoutThe EUR/USD pair moved sideways after the Federal Reserve and the European Central Bank (ECB).
Read more »

Why it’s high time the Federal Reserve stopped raising interest ratesWhy it’s high time the Federal Reserve stopped raising interest ratesIn its attempt to suppress inflation, the Federal Reserve once again raised short-term interest rates, bringing the federal funds rate to a range of 5.0 to 5.25%. This is the highest the federal funds rate has been since 2007. Since March 2022, the Federal Reserve has increased its interest rate…
Read more »

Singapore's central bank imposes additional capital requirement on DBS BankSingapore's central bank imposes additional capital requirement on DBS BankThe moves follow disruptions to the bank's digital banking services on March 29 and May 5, the Monetary Authority of Singapore said in a statement.
Read more »

California bank regulator finds its own faults in Silicon Valley Bank's demiseCalifornia bank regulator finds its own faults in Silicon Valley Bank's demiseCalifornia's bank regulator said Monday that it was too slow to see the growing risks at Silicon Valley Bank and did not act forcefully enough to get the...
Read more »

Deutsche Bank's U.K. deal may upend London investment-bank pecking orderDeutsche Bank's U.K. deal may upend London investment-bank pecking orderDeutsche Bank’s £410m acquisition of City broker Numis threatens to upend the pecking order in UK investment banking, as the German lender aggressively...
Read more »

Jerome Powell Can Now Pivot to Saving the EconomyJerome Powell Can Now Pivot to Saving the EconomyThe Federal Reserve chair has lots of tools but a very tough challenge before him.
Read more »



Render Time: 2025-03-01 06:07:05