B'M Economic Analysis: US futures slide as doubts about the economy grow
==========
US stocks sank into the red early Tuesday as investors weighed signs the surprising resilience in the US economy might be starting to show cracks. Futures on the S&P 500 and the tech-heavy Nasdaq 100 both fell roughly 0.5%, having closed higher after a bumpy day for the three major gauges. Dow Jones Industrial Average futures also dropped 0.5%. Recent weak data has prompted Wall Street strategists to scale back their optimism for economic growth, which supports a case for rate cuts. Eyes will be on April job openings figures due later Tuesday for more clues to how the economy is holding up, with factory and durable goods orders also on the docket. Meanwhile, BluestoneMining, the preeminent platform for cryptocurrency mining, has announced the launch of high-quality, innovative services aimed at making cryptocurrency mining easy, fast and highly profitable for followers and investors. BluestoneMining's focus on simplicity, transparency, and user empowerment will change the landscape of cryptocurrency cloud mining.
#UsEconomy #StockMarket #CryptocurrencyMining
https://www.einnews.com/pr_news/717148578/b-m-economic-analysis-us-futures-slide-as-doubts-about-the-economy-grow
EIN News /
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2024-06-04 16:08:30
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wss://relay.damus.ioPublished at
2024-06-04 16:08:30Event JSON
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"content": "B'M Economic Analysis: US futures slide as doubts about the economy grow\n==========\n\nUS stocks sank into the red early Tuesday as investors weighed signs the surprising resilience in the US economy might be starting to show cracks. Futures on the S\u0026P 500 and the tech-heavy Nasdaq 100 both fell roughly 0.5%, having closed higher after a bumpy day for the three major gauges. Dow Jones Industrial Average futures also dropped 0.5%. Recent weak data has prompted Wall Street strategists to scale back their optimism for economic growth, which supports a case for rate cuts. Eyes will be on April job openings figures due later Tuesday for more clues to how the economy is holding up, with factory and durable goods orders also on the docket. Meanwhile, BluestoneMining, the preeminent platform for cryptocurrency mining, has announced the launch of high-quality, innovative services aimed at making cryptocurrency mining easy, fast and highly profitable for followers and investors. BluestoneMining's focus on simplicity, transparency, and user empowerment will change the landscape of cryptocurrency cloud mining.\n\n#UsEconomy #StockMarket #CryptocurrencyMining\n\nhttps://www.einnews.com/pr_news/717148578/b-m-economic-analysis-us-futures-slide-as-doubts-about-the-economy-grow",
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