WASHINGTON (dpa-AFX) - After failing to sustain an early move to the upside, stocks have shown a lack of direction over the course of the trading session on Tuesday. The major averages pulled back
U.S. Stocks Move Moderately Lower Amid Lingering Inflation Worries
WASHINGTON (dpa-AFX) - Following the rebound seen to close out the previous week, stocks have moved back to the downside in morning trading on Monday. The major averages have all slid into negative territory, although selling pressure has remained somewhat subdued.
Currently, the major averages are off their lows of the session but stuck in the red. The Dow is down 133.28 points or 0.4 percent at 34,248.85, the Nasdaq is down 73.53 points or 0.6 percent at 13,356.45 and the S&P 500 is down 16.71 points or 0.4 percent at 4,157.14.
Lingering concerns about inflation and the outlook for monetary policy are weighing on Wall Street ahead of the release of the minutes of the Federal Reserve s latest monetary policy meeting on Wednesday.
WASHINGTON (dpa-AFX) - Stocks moved sharply lower over the course of the trading day on Wednesday, extending the pullback seen earlier in the week. With the steep drop on the day, the major averages
U.S. Stocks Move Mostly Lower But Nasdaq Closes Well Off Worst Levels
WASHINGTON (dpa-AFX) - Stocks moved mostly lower during trading on Tuesday, extending the pullback seen over the course of the previous session. The Nasdaq hit its worst intraday level in well over a month in early trading but rebounded to end the day only modestly lower.
After plunging as much as 2.2 percent, the tech-heavy Nasdaq closed down just 12.43 points or 0.1 percent at 13,389.43. Meanwhile, the Dow tumbled 473.66 points or 1.4 percent to 34,269.16 and the S&P 500 slid 36.33 points or 0.9 percent to 4,152.10.
The weakness on Wall Street partly reflected concerns about an acceleration in the rate of inflation and potential monetary policy tightening by the Federal Reserve.
Nasdaq Climbs Well Off Early Lows But Remains In The Red
WASHINGTON (dpa-AFX) - After moving sharply lower early in the session, stocks continue to see considerable weakness in afternoon trading on Tuesday. The tech-heavy Nasdaq has climbed well off its worst levels of the day but remains in the red.
Currently, the Nasdaq is down 53.39 points or 0.4 percent at 13,348.47 after hitting its lowest intraday level in well over a month in early trading. The Dow is down 545.59 points or 1.6 percent at 34,197.23 and the S&P 500 is down 46.41 points or 1.1 percent at 4,142.02.
The early sell-off on Wall Street came amid continued weakness among technology stocks, which also helped lead the way lower on Monday.