Futures on Wall Street dipped Tuesday, extending last week's selling that dragged the benchmark S&P to its first back-to-back weekly declines since the turn of the year.
Posted onPeople walk past the New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are opening lower across the board on Wall Street, Tuesday, July 5, and crude oil prices are dropping again. Treasury yields also fell as traders continued to worry about the state of the economyFutures on Wall Street dipped Tuesday, extending last week’s selling that dragged the benchmark S&P to its first back-to-back weekly declines since the turn of the year.
Futures for the Dow Jones Industrial Average S&P 500 each slid 0.8% before the bell opened a holiday-shortened trading week. Global shares were mostly lower after manufacturing indicators in Europe and Asia painted a mixed picture and Russian President Vladimir Putin accused Western countries of threatening Russia.railed against the West Tuesday in a long-delayed state-of-the-nation address that shed light on how the Kremlin sees its bogged-down war in Ukraine. Such geopolitical factors add to uncertainties over slowing growth and weakening consumer demand in many economies.
Home Depot shares slid almost 4% in premarket Tuesday after the home improvement retailer gave a tepid outlook for this year despite posting strong profits to close out 2022. Walmart also posted annual earnings and its shares slipped for theMarkets turned turbulent in February after a strong start to the year, after optimism faded that the Federal Reserve would ease back on its aggressive monetary policies as it tries to tamp down inflation.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Week Ahead: Retailers' results may be next test for rally in U.S. stocksEarnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight into the health of consumer spending and the fallout on company bottom lines from inflation.
Read more »
10 Things on Wall Street: Big rainmakersInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Nvidia vs. TSMC: Wall Street pros name their favorite stock as chip battle heats upNvidia and TSMC have both made headlines in recent weeks — albeit for different reasons. So which of Wall Street's favorite chip stocks is the safer bet?
Read more »
Bitcoin sees fresh $25K rejection as pre-Wall Street volatility returnsBitcoin sees rejection at $25,000 as BTC price action strikes volatility into the start of Wall Street trading.
Read more »
Stock Market Today: Dow Gains, With Indexes MixedU.S. stock futures decline, while bond yields and the dollar gain. Follow the latest markets updates.
Read more »