Articles
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2 weeks ago |
barrons.com | Connor Smith |Renae Dyer |Joshua Kirby |Brian Swint
The Dow Jones Industrial Average was down 662 points, or 1.6%, shortly after the market opened. The S&P 500 was down 2.1%. The Nasdaq Composite was down 2.7%. The S&P 500 and Dow have each risen six days in a row. First, ADP said private businesses in the U.S. added 62,000 jobs in April, which was well below expectations at 134,000. Stocks fell on that news, but turned even lower after first-quarter GDP fell more than expected while quarterly inflation rose more than expected.
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2 weeks ago |
barrons.com | Brian Swint |Giulia Petroni |Renae Dyer
Your browser does not support iframes Stock futures were rising early Tuesday after two of the three big indexes completed a five-day winning streak. A raft of company earnings from the likes of Coca-Cola, General Motors, and Pfizer will determine if the run can continue. Tuesday also marks the first 100 days of President Donald Trump’s second term, and they have been up-and-down for stocks.
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2 weeks ago |
barrons.com | Connor Smith |Sabrina Escobar |George Glover |Renae Dyer
Consumer sentiment improved slightly by the end of April, but remains muted as consumers fret about the economic impact of new tariffs. The final reading of the University of Michigan’s consumer sentiment index for April ticked up to 52.2 from its preliminary reading of 50.8. Economists were expecting the index to remain unchanged from the preliminary figure, according to FactSet. That said, the index still notched an 8% decline from March and has fallen for four consecutive months.
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