Stocks end lower as investors await earnings cues


The Dow Jones Industrial Average .DJI fell 39.54 points, or 0.11%, to 34,411.69, the S&P 500 .SPX lost 0.9 points, or 0.02%, to 4,391.69 and the Nasdaq Composite .IXIC dropped 18.72 points, or 0.14%, to 13,332.36.

Wall Street ended the day lower in a choppy trading day on Monday, while U.S. Treasury yields jumped as investors juggled strong earnings with what Russia's invasion of Ukraine could mean for global growth.

A significant cut to global growth expectations from the World Bank, paired with March weakness in China's latest economic numbers injected some pessimism into U.S. markets, which opened Monday following a holiday-shortened previous week.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

global , US , stocks , Dow , Nasdaq , S&P , oil , MSCI , gold , oil , markets

   

Next In Business News

Oil falls on prospect of higher-for-longer US rates
Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Wellness a top priority
InNature diversifies into the F&B industry
Tolerance for a cheaper yuan may be temporary
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
China’s push for greener aluminium hit by erratic rains, power cuts

Others Also Read