Stocks fall sharply on Wall Street again as fearful investors dumped stocks and shoveled money into bonds. Markets have been volatile this week after Washington and Beijing raised the stakes in their trade war.
Stocks are falling sharply on Wall Street again as fearful investors dumped stocks and shoveled money into bonds.Bond prices continued to rise sharply, sending yields to their lowest level in nearly three years. The yield on the 10-year yield dropped to 1.62% from 1.74% late Tuesday, a large move.
Markets have been volatile this week after Washington and Beijing raised the stakes in their trade war. China allowed its currency to weaken after the U.S. said it would raise more tariffs on Chinese goods.The S&P 500 fell 49 points, or 1.7%, to 2,832. The Nasdaq fell 118 points, or 1.5%, to 7,714.Stocks are sinking on Wall Street again as fearful investors dumped stocks and shoveled money into bonds.
Markets have been volatile this week after Washington and Beijing raised the stakes in their trade war. Bond prices continued to rise sharply Wednesday, sending yields to their lowest level in nearly three years. Disney dropped 6.7% after reporting results that fell far short analysts’ forecasts. The media giant said its newly acquired Fox entertainment businesses did poorly.The Dow Jones Industrial Average dropped 409 points, or 1.6%, to 25,611. The Nasdaq fell 104 points, or 1.3%, to 7,730.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks plunge on Wall Street as US-China trade war escalatesNEW YORK (AP) — Stocks are plunging on Wall Street Monday on worries about how much President Donald Trump's escalating trade war with China will damage the economy. Major U.S. indexes are headed...
Leer más »
European stocks set for higher open as fragile calm returns to marketsEuropean stocks are set for a mixed open on Wednesday, after China's central bank set its currency slightly weaker than expected amid ongoing escalation of its trade war with the U.S.
Leer más »
Tech leads Wall Street rebound after worst day of 2019U.S. stocks rose on Tuesday, helped by technology shares, as China stepped in to...
Leer más »
HSBC Adds To The Gloom On Wall Street By Cutting 4,000 JobsA toxic combination of less companies hiring, nearshoring and offshoring jobs, complaints of rampant ageism in the hiring process and the desire of banks to install technology to replace people make it a challenging time for job seekers.
Leer más »
HSBC Adds To The Gloom On Wall Street By Cutting 4,000 JobsA toxic combination of less companies hiring, nearshoring and offshoring jobs, complaints of rampant ageism in the hiring process and the desire of banks to install technology to replace people make it a challenging time for job seekers.
Leer más »