US EditionWall Street Hangs Near Its Records Following Mixed Data on the Economy
Mixed U.S. jobs and retail data increased uncertainty about interest rate moves, with unemployment near its worst since 2021 and retail sales growing at the slowest pace since 2022.
- The S&P 500 slipped 0.1% in early Tuesday trading as Wall Street inched near record levels, with investors awaiting U.S. jobs and retail data.
- Mixed readings are leaving investors uncertain about November jobs report expectations of 40,000 new jobs and a 4.4% unemployment rate, while U.S. retail sales rose 1.3%, the slowest since 2022.
- Tech giants Oracle and Broadcom moved higher as Oracle rose 1.1% and Broadcom gained 1.6% amid mixed swings for AI-related stocks.
- Treasury yields initially fell then stabilized as mixed reports pushed yields lower, and the two-year Treasury yield eased to 3.50% from 3.51%, reflecting cautious Federal Reserve expectations.
- Investors widely expect the Bank of Japan to announce an interest-rate increase later this week, while analysts warned a recent federal government shutdown may have distorted some U.S. economic data.
16 Articles
16 Articles
Main Street Meets Wall Street: Market Movements Amid Economic Uncertainties
Main Street Meets Wall Street: Market Movements Amid Economic Uncertainties Wall Street's main indexes showed mixed results on Tuesday, with the Nasdaq ending higher, while the S&P 500 and Dow dipped, weighed down by declines in healthcare and energy stocks. Investors assessed delayed economic data to predict the Federal Reserve's monetary policy direction for the upcoming year.The Labor Department revealed an increase of 64,000 in nonfarm payro…
Pittsburgh Post-Gazette
Hometown News LPWall Street hangs near its records following mixed data on the economy
NEW YORK — The U.S. stock market is holding nearly in place on Tuesday following mixed data on the economy’s strength, which did little...
Joplin Globe
Wall Street drifts after mixed data on the US economy
Stocks are drifting on Wall Street following mixed data on the U.S. economy, which did little to clear up uncertainty about where interest rates may be heading. The S&P 500 slipped 0.1% in early trading Tuesday. It's a bit below…
The main Wall Street indices recorded mixed performances on Tuesday.The market reacted cautiously after the publication of non-agricultural payroll figures and retail sales that provided information for betting on the Federal Reserve rate.The Industrial Average Dow Jones, consisting of the shares of 30 giants, yielded 0.62% to 48,114.26 points, while the S&P 500, of the most valuable companies, went back 0.24% to 6,800.26 points.The Nasdaq Techn…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
