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US stocks mixed in early trading. Feds Bostic/Empire index weighs on indices to start week

US stocks mixed in early trading. Feds Bostic/Empire index weighs on indices to start week
The major US stock indices are opening with mixed results. The Dow Industrial Average is down for the 6th consecutive day. The S&P index is trading above and below unchanged. The NASDAQ index is marginally higher.Gains from premarket futures trading were eroded as Fed's Bostic does not see easing until later in 2024. Also the Empire manufacturing came in much weaker than expectations.The snapshot of the market currently shows:Dow Industrial Average minus 74.01.0 or -0.22% at 33226.62S&P index -... Read More
Posted: May 15 2023, 13:39
Author Name: forexlive
Views: 110287

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