Futures Pointing To Initial Pullback On Wall Street
12 Articles
12 Articles
Wall Street started the new trading week with losses on Monday. This was due in part to renewed concerns among investors that inflation is being further fueled now that oil prices are rising again. In addition, stock traders are cautious awaiting US inflation figures and the important government jobs report to be released this week.
New York's main stock indexes opened up in decline this Monday, with the weight of an advance in oil prices and Treasury revenues this morning. This weekend, US President Donald Trump rejected the conditions for a cease-fire presented by Iran, increasing uncertainty in the Middle East and the perception of risk among investors. At around 10:35 a.m. (from Brasilia), the Dow Jones index showed a decrease of 0.70%, at 51.463.58 points, the S&P 500 …
"Investors are assessing geopolitical risks and growing pressures on inflation and interest rates, at a time when business profitability is still robust and major economies show resilience," says Millennium Investment Banking analyst.
Wall Street opens the session in negative territory on uncertainties in the Middle East and on the rise of oil prices: the Dow Jones gives in the first bars 0,72%, to 51.454,44 points, while the Nasdaq loses 0,51%, at 26,930,39. (ANSA)
Futures Pointing To Initial Pullback On Wall Street
After ending last week's trading on an upbeat note, stocks may move back to the downside in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent.
(Teleborsa) - Wall Street starts the week in the name of weakness, while investors face the increase in bond yields, the rise in oil and the new expectations of a...
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