Wall Street sees major drop amid concerns over slowing economy
Wall Street saw a dramatic drop on Friday with the Dow Jones plunging nearly 750 points, and the S&P 500 and Nasdaq falling sharply amid fears of a slowing economy and stubborn inflation. CNBC’s senior economic reporter Steve Liesman joins Saturday TODAY to break down what you need to know.
A slide for Walmart pulls Wall Street from its record, and Dow drops 450
NEW YORK (AP) — A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The S&P 500 slipped 0.4% for its first drop after setting all-time highs in each of the last two days. The Dow Jones Industrial Average lost 450 points, or 1%, and the Nasdaq composite sank 0.5%.
How Walmart sent a chill through Wall Street
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.
The Dow Jones Industrial Average includes 30 of the strongest companies around. This includes industry leaders that have a ...
Stock futures are slightly lower Thursday morning after two consecutive days of gains for major U.S. indexes. Futures tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
NEW YORK — U.S. stocks crept to a record as the S&P 500 nudged higher after a quiet Tuesday of trading. The main measure of ...
1don MSN
A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The S&P 500 slipped 0.4% for its first drop ...
NEW YORK/BENGALURU (Reuters) - Transportation stocks went sharply in reverse on Friday with the economic bellwether Dow Jones Transport average index falling more than 2.6% in its steepest daily loss ...
The Standard & Poor's 500 added to its record as U.S. stock indexes drifted through a quiet, mixed day on Wall Street ...
Shares in Asia are mostly higher, with Chinese technology stocks surging after Chinese President Xi Jinping met with ...
The S&P 500 added to its record as U.S. stock indexes drifted through a quiet Wednesday on Wall Street. The S&P 500 rose 0.2% ...
Wall Street staged mixed moves on Wednesday as investors awaited minutes of the last FOMC review for more clarity on how soon ...
UnitedHealth Group tumbled more than 8.6% in premarket after the Wall Street Journal reported that the U.S. Department of Justice is investigating the health care giant's Medicare billing practices.
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