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S&P 500 Index posts small losses below 3,700 after US data

12/22/2020 2:42:21 PM GMT | By Eren Sengezer Wall Street s main indexes trade mixed on Tuesday. Upward revision to third-quarter GDP growth fails to boost sentiment. S&P 500 Technology Index is the top performer after the opening bell. Major equity indexes in the US trade little changed on Tuesday amid a lack of interest in financial markets ahead of Christmas holiday. As of writing, the Nasdaq Composite was posting small daily gains at 12,694, the S&P 500 Index was down 0.13% at 3,690 and the Dow Jones Industrial Average was losing 0.3% at 30,128. Earlier in the day, the US Bureau of Economic Analysis announced that it revised the third-quarter annual Gross Domestic Product (GDP) growth to 33.4% from 33.1% in its previous estimate but this data was largely ignored by market participants. Later in the session, the Conference Board s Consumer Confidence Index will be looked upon for fresh catalysts.

Brazilian consumer confidence drops in December for third month in a row - World News

2020-12-22 22:06:04 GMT2020-12-23 06:06:04(Beijing Time) Xinhua English RIO DE JANEIRO, Dec. 22 (Xinhua) Brazilian consumer confidence fell in December for the third month in a row, due to a more negative perception of the current situation and the coming months, according to a report released Tuesday by a leading economic think tank. The Getulio Vargas Foundation (FGV) report showed the Consumer Confidence Index (ICC) slipped 3.2 units this month to settle at 78.5 points. The third consecutive drop in consumer confidence is due to the worsening of both consumer satisfaction with the present and expectations in relation to the coming months, the report said.

Consumer confidence drops to lowest level since summer

© Getty Images U.S. consumer confidence has dropped to its lowest level since the summer amid a worsening coronavirus pandemic. Rising cases and deaths have led to new lockdowns, softening consumer confidence in the economy.  The latest Conference Board report released Tuesday showed the Consumer Confidence Index (CCI) declined in December following a decrease in November. The score ranked at 92.9 last month and fell to 88.6 in December. ADVERTISEMENT The CCI is a measure of how people feel about the economy now and how they feel it s going to perform in the future, which is correlated with how much people are willing to spend.

Brazilian consumer confidence drops in December for third month in a row

Brazilian consumer confidence drops in December for third month in a row
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Congress Passes Stimulus, COVID-19 Mutation Hits UK, Retailers Slash Prices, Bitcoin Soars

Congress Passes Stimulus, COVID-19 Mutation Hits UK, Retailers Slash Prices, Bitcoin Soars
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