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哈希(xi)定{ding}位{wei}胆源码出{chu}售(www.hx198.vip)_Wall Street stumbles as consumer pessimi *** stokes growth fears

admin2022-08-0810

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,The Dow Jones Industrial Average .DJI fell 491.27 points, or 1.56%, to 30,946.99, the S&P 500 .SPX lost 78.56 points, or 2.01%, to 3,821.55 and the Nasdaq Composite .IXIC dropped 343.01 points, or 2.98%, to 11,181.54. (File pic shows the Iconic 'Fearless Girl" at Wall Street)Wall Street NYSE fearless girl

NEW YORK: Wall Street closed sharply lower in a broad sell-off on Tuesday as dire consumer confidence data dampened investor optimi *** and fueled worries over recession and the looming earnings season.

The S&P and the Nasdaq fell about 2% and 3% respectively, with Apple Inc AAPL.O, Microsoft Corp MSFT.O and Amazon.com AMZN.O weighing the heaviest. The blue-chip Dow shed about 1.6%.

"Markets were fine today until the consumer confidence number came out," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. "It was weak and markets immediately began selling off."

With the end of the month and the second quarter two days away, the benchmark S&P 500 is on track for its biggest first-half percentage drop since 1970.

All three indexes are on course to notch two straight quarterly declines for the first time since 2015.

"At some point this aggressive selling is going to dissipate but it doesn't seem like it's going to be anytime soon," said Tim Ghriskey, senior portfolio strategist Ingalls & Snyder in New York.

Data released on Tuesday morning showed the Conference Board's consumer confidence index dropping to the lowest it has been since February 2021, with near-term expectations reaching its most pessimistic level in nearly a decade.

The growing gap between the Conference Board's "current situation" and "expectations" components have widened to levels that often precede recession:

The Dow Jones Industrial Average .DJI fell 491.27 points, or 1.56%, to 30,946.99, the S&P 500 .SPX lost 78.56 points, or 2.01%, to 3,821.55 and the Nasdaq Composite .IXIC dropped 343.01 points, or 2.98%, to 11,181.54.

Ten of the 11 major sectors in the S&P 500 ended the session in negative territory, with consumer discretionary .SPLRCD suffering the largest percentage loss. Energy .SPNY was the sole gainer, benefiting from rising crude prices CLc1. O/R

With few market catalysts and market participants gearing up for the July Fourth holiday weekend, the day's sell-off cannot be blamed entirely on the Consumer Confidence report, said Tom Hainlin, national investment strategist at U.S. Bank Wealth Management in Minneapolis, Minnesota.

"It’s hard to attribute (market volatility) to one economic data point with so much noise around portfolio rebalancing at quarter-end," Hainlin said.

"There’s not a lot of new information out there and yet you see this volatile stock environment," he said, adding that there will not be much new information until companies start earnings.

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  • 2022-08-08 00:10:59

    罗马输球,心气低迷是根本缘由。没有人会喜欢无休止的批评,但穆里尼奥几乎已经将全队上下骂了个遍。他指责这批球员没多少具备主力实力,暗讽球队只有排在北方三强和亚特兰大、那不勒斯之后的实力,等同承认自己黔驴技穷,再无过往靠自己的技战术打磨能力和激励法则捏合出一支实战能力大于纸面的球队。对上米兰,罗马不光在技战术层面输得彻底,个体对抗层面更是被特奥和梅西亚斯们肆意揉捏。嘴硬的穆帅把一切归咎于裁判的双标和球员的实力不足,问题是:美国佬真有为罗马不惜血本的心气,还要他干啥?别结局,我还想一直看