U.S. stocks fell to more than a one-month low and were set to post their sharpes...
- U.S. stocks fell to more than a one-month low and were set to post their sharpest drop in nearly six weeks on Wednesday, as monthly private sector hiring slowed, amplifying fears that the trade war with China was hurting the United States.
The technology stocks .SPLRCT which have powered the market’s climb for most of the year, shed 2.10%. The industrial .SPLRCI and materials .SPLRCM sectors also fell more than 2% each, posting the biggest declines among the 11 major S&P sectors. Trade tensions likely spilled over to the domestic labor market as U.S. private employers hired fewer-than-expected workers in September, according to the ADP National Employment Report.
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 market strategists see solid fourth quarter despite impeachment inquiry, trade warThe stock market should have a solid fourth quarter, even with turbulence that could come from the impeachment inquiry and trade tensions.
Read more »
US futures point to a higher open on Wall StreetU.S. stock index futures were trading higher on Tuesday morning.
Read more »
Apple and Microsoft push Wall Street higher as trade worries abateU.S. stocks climbed on Monday, helped by gains in Apple, Microsoft and Merck & C...
Read more »
Wall Street set for higher open ahead of manufacturing dataWall Street's main indexes were headed for a strong open on Tuesday ahead o...
Read more »
Cramer to Wall Street: 'I want to stop the fear of Sen. Warren'Wall Street's abject fear of Democratic Sen. Elizabeth Warren getting into the White House is a mistake, says CNBC's Jim Cramer.
Read more »
Wall Street tumbles as factory activity hits 10-year lowThe S&P 500 and Dow suffered their worst tumbles in over a month on Tuesday afte...
Read more »