Published 3 years ago

Dow falls more than 100 points as jobs data, GM earnings disappoint

Summary by Ground News

The Stoxx Europe 600 rose 0.5% in morning trade, and is at its highest level in a year. Materials and energy sectors led gains while the utilities sector lost ground. The euro and the British pound strengthened 0.1% against the U.S. dollar and the Swiss franc was mostly flat against the dollar.

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Reuters

Wall St falls as economic woes hit banks, industrials stocks

Wall Street's main indexes fell on Wednesday as concerns around slowing economic growth and fresh COVID-19 fears hit economically-sensitive sectors, including banks and industrials.

3 years ago·United Kingdom

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OAN

Wall St falls as economic woes hit banks, industrials stocks

August 4, 2021By Sagarika Jaisinghani(Reuters) – Wall Street’s main indexes fell on Wednesday as concerns around slowing economic growth and fresh COVID-19 fears hit economically-sensitive sectors, including banks and industrials.Nine of the 11 S&P indexes were down in early trading, with financials and industrials falling 0.6% each. Energy stocks, another economy-linked sector, sank 2.2% on the back of lower oil prices. [O/R]Banking stocks …

3 years ago·San Diego, United States

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