US STOCKS-S&P, Nasdaq extend losing streak, as Wall St frets on rate path

ASFN Admin

Administrator
Administrator
Moderator
Supporting Member
Joined
May 8, 2002
Posts
338,518
Reaction score
37
The S&P 500 and Nasdaq ended down for the third straight session as Wall Street slumped on Tuesday, with investors interpreting a rebound in U.S. business activity in February to mean interest rates will need to stay higher for longer to control inflation. The S&P Global Purchasing Manufacturer's index, which reflects business activity in the United States, returned to expansion for the first time in eight months in February.

Continue reading...
 

Staff online

Forum statistics

Threads
534,815
Posts
5,246,600
Members
6,273
Latest member
sarahmoose
Top