Stocks Fall on Weak Earnings and Soft Economic News

Published by

What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.36%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.84%. Stocks this morning are moderately lower on some disappointing corporate earnings results. Also, long liquidation pressure is weighing on the overall market after Monday’s rally. The markets are awaiting the minutes of the Oct 31-Nov 1 FOMC meeting later today to see the Fed’s assessment of the economy and the future direction of Fed policy. Also, earnings results from Nvidia will be released after today…

Read More

See also  Monzo and Wise founders join Clifford Chance to push £8.8m Robin AI robot lawyer project

Leave a Reply