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How major US stock indexes fared Tuesday 8/02/2022
6 days ago - By Chron
U.S. stocks are closing lower as Wall Street's modest August retreat continued another day.
Stocks wavered over the day as investors are unsure whether the market's strong run in July is the start of a turnaround or a temporary blip. The S&P 500, the Nasdaq and the Dow Jones Industrial Average fell. Analysts cited comments from Federal Reserve officials that suggested continued hikes to interest rates are coming in order to knock down inflation.
Caterpillar took a hit after reporting weak sales. Uber shares took off following its own strong quarterly report. Treasury yields climbed.
On...
Read more ...Wall Street wavers through another day of mixed trading
6 days ago - By Stl Today
U.S. stocks are drifting between gains and losses Tuesday as Wall Street debates whether the market's strong recent run is the start of a turnaround or a temporary blip. The S&P 500 was 0.2% lower in afternoon trading. The Nasdaq...
Read more ...
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