Stock market today: Wall Street limps toward second straight day of losses before the bell
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Wall Street is heading for a second consecutive day of losses as more corporate earnings are released and ahead of the government's weekly layoffs data. Futures for the S&P 500 and Dow Jones Industrial Average are down, while Airbnb, Beyond Meat, and Robinhood are experiencing significant stock movements. Companies have been reporting stronger profits for Q1 2024 than expected, and hopes for interest rate cuts by the Federal Reserve have helped the US stock market recover from a rough April. In Europe, the FTSE 100 reversed course to a 0.4% gain after the Bank of England maintained its key interest rate at 5.25% but hinted at a possible rate reduction. In Asia, the Nikkei 225 index was down 0.3% and China reported renewed growth in exports and imports. US benchmark crude oil rose to $79.58 per barrel, and the euro dropped to $1.0731.
#StockMarket #WallStreet #Earnings #InterestRates #Ftse100 #BankOfEngland #Nikkei225 #China #CrudeOil #Euro
https://finance.yahoo.com/news/stock-market-today-asian-shares-073719739.html
Yahoo Finance /
npub1j0e…3yhd
2024-05-09 15:02:23
Author Public Key
npub1j0e6zhr82q4par2f4ecr67zvj0ltv8qgqr8v3llw2ed6qvdrm4fs9s3yhdPublished at
2024-05-09 15:02:23Event JSON
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"content": "Stock market today: Wall Street limps toward second straight day of losses before the bell\n==========\n\nWall Street is heading for a second consecutive day of losses as more corporate earnings are released and ahead of the government's weekly layoffs data. Futures for the S\u0026P 500 and Dow Jones Industrial Average are down, while Airbnb, Beyond Meat, and Robinhood are experiencing significant stock movements. Companies have been reporting stronger profits for Q1 2024 than expected, and hopes for interest rate cuts by the Federal Reserve have helped the US stock market recover from a rough April. In Europe, the FTSE 100 reversed course to a 0.4% gain after the Bank of England maintained its key interest rate at 5.25% but hinted at a possible rate reduction. In Asia, the Nikkei 225 index was down 0.3% and China reported renewed growth in exports and imports. US benchmark crude oil rose to $79.58 per barrel, and the euro dropped to $1.0731.\n\n#StockMarket #WallStreet #Earnings #InterestRates #Ftse100 #BankOfEngland #Nikkei225 #China #CrudeOil #Euro\n\nhttps://finance.yahoo.com/news/stock-market-today-asian-shares-073719739.html",
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