menu search

Weaker data hurts the US stock indices

Weaker data hurts the US stock indices

Suddenly bad news led to a bad reaction. The Dow, S&P, and NASDAQ indices all declined in trading today. The economic news today showed retail sales, PPI, capacity utilization/industrial production all come in weaker. Yes, inflation was lower but the weaker data has traders concerned more about a hard(er) landing.

A look at the final numbers are showing:

  • Dow Industrial Average -613.9 points or -1.81% at 33296.95
  • S&P -62.13 pointer -1.56% at 3928.85
  • NASDAQ i... Read More
Posted: Jan 18 2023, 21:15
Author Name: forexlive
Views: 102284

Search within

Pages Search Results: