REUTERS: U.S. stocks fell in morning trading on Tuesday as weak economic data from China added to fears of a global recession and pushed investors out of riskier technology stocks.
Trading so far this week has largely been subdued as investors hold out for policy decisions from central banks on potential monetary easing. Among other stocks, Ford Motor Co fell 3.4per cent after ratings agency Moody's downgraded its bonds to junk status overnight. At 10:12 a.m. ET the Dow Jones Industrial Average was down 102.43 points, or 0.38per cent, at 26,733.08, the S&P 500 was down 20.68 points, or 0.69per cent, at 2,957.75 and the Nasdaq Composite was down 77.30 points, or 0.96per cent, at 8,010.14.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street set to open lower as China data adds to recession fearsU.S. stock index futures dipped on Tuesday as weak economic data from China signaled slowing growth in the country, rekindling fears of global ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Wall Street opens lower on global growth fearsU.S. stocks opened lower on Tuesday, as weak economic data from China pointed to slowing growth in the world's second largest economy, adding to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Wall Street opens lower on global growth fears[NEW YORK] US stocks opened lower on Tuesday, as weak economic data from China pointed to slowing growth in the world's second largest economy, adding to fears of a global recession. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Wall Street set to open higher on hopes of monetary stimulusU.S. stock index futures ticked higher on Monday, as mixed global economic data drove expectations of monetary stimulus from central banks, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Wall Street opens higher on hopes of monetary stimulus[NEW YORK] US stocks opened higher for the fourth straight session on Monday, as mixed global economic data lifted expectations of monetary stimulus from central banks, including the US Federal Reserve. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stimulus hopes lift Wall Street, financial stocks lead gainsU.S. stock index futures ticked higher on Monday, as mixed global economic data drove expectations of monetary stimulus from central banks, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »