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Weak Data Earnings Drag Stocks Lower Oil Falls

Weak data, earnings drag global stocks lower; oil falls | Money

NEW YORK, Jan 23 A gauge of stocks across the world slipped from record highs yesterday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets. Oil prices fell to end the week little changed and the.

Crude oil price remains under pressure by worries over a new pandemic wave in China

IBM, Intel slump weighs on Wall Street as coronavirus concerns rise

4 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) IBM hits two-month low on quarterly revenue miss Intel slips on avoiding outsourcing embrace Yellen wins unanimous Senate panel vote for Treasury Dow down 0.39%, S&P 500 down 0.24%, Nasdaq down 0.11% (Adds comment; updates market prices; adds New York dateline; changes byline) NEW YORK, Jan 22 (Reuters) - Wall Street’s main indexes slipped on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes dim for a full economic reopening in the coming months.

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