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Wall Street opens in the green as Powell assuages inflation fears

Wall Street opens in the green as Powell assuages inflation fears
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

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Wall Street moves back into the green as traders eye Fed minutes

Wall Street moves back into the green as traders eye Fed minutes
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

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NA Proactive news snapshot: Universal Ibogaine Inc, PlantX Life Inc, CleanSpark Inc, GreenBank Capital Inc, Predictiv AI Inc, GGX Gold Corp, TRACON Pharmaceuticals Inc, Alpine 4 Holdings Inc, GreenBank Capital Inc, The Valens Company Inc, Versus Systems I

A glance at some of the day s highlights from the Proactive Investors US and Canada newswires

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FTSE 100 off worst levels but still in the negative amid lower start on Wall Street

16:02 Thu 03 Jun 2021 FTSE 100 off worst levels but still in the negative as Wall Street slips after strong economic data The UK blue chip index and US markets under pressure as buoyant service sector figures and strong American jobs market rekindle inflation concerns FTSE 100 down 44 points US stocks open lower 4.02pm: US service sector surges The strong US jobs data has rekindled investors concerns about inflationary pressures, and the idea that central banks might have to ease their support for the economy as a consequence. Which would mean, among other things, a rise in interest rates. Adding to the signs of a strong US economy was the latest service sector survey.

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Dow fails to eke out a winning day; tech struggles bog down Nasdaq

Dow fails to eke out a winning day; tech struggles bog down Nasdaq The latest set of jobless claims showed that the number of Americans filing for unemployment benefits fell below 400,000 for the first time since the start of the pandemic, while figures from payrolls operator ADP showed that 978,000 new private sector jobs were created in May, ahead of forecasts of 650,000 4:10pm: AMC traders head for the exits The Dow closed Thursday down 23 points to 34,577. The Nasdaq fared worse, losing 142 points, 1%, to 13,615, while the S&P 500 dropped 15 points, 0.4%, to 4,193. Helping the Dow salvage a relatively better day were Merck & Co Inc (NYSE:MRK) and Dow Inc (NYSE:DOW), both of which saw share price gains of more than 2%.

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