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Wall Street ends lower ahead of US data; dollar pressured by yen, yuan

By Stephen Culp NEW YORK (Reuters) -U.S. stocks lost ground at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data. All three major U.S. stock indexes ended the session in the red, with the blue-chip Dow suffering the largest percentage loss. The dollar dipped as the risk of…
City Of United Kingdom New York United States Dave Calhoun Ryan Detrick

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Wall Street ends lower ahead of US data; dollar pressured by yen, yuan

NEW YORK (Reuters) -U.S. stocks lost ground at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data. All three major U.S. stock indexes ended the session in the red, with the blue-chip Dow suffering the largest percentage loss. The dollar dipped as the risk of yen intervention loomed and it came under pressure from China's government-supported yuan rally.
New York United States City Of United Kingdom Stephen Culp Dave Calhoun
Source: aol.com

Stock Traders Bracing for Worst Shrug Off Hot CPI: Markets Wrap

(Bloomberg) — The stock market managed to rebound after the latest inflation figures did little to alter bets the Federal Reserve will cut rates this year — even if it keeps a more cautious stance for now. Following a series of twists and turns, equities pushed decidedly higher. Notwithstanding the fact that the consumer price…
United States New York United Kingdom William Brown Yannis Stournaras Quincy Krosby

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