Wall Street slips as weak earnings hit tech and travel stocks
Stocks extended their losses as investors reviewed disappointing earnings reports and awaited the release of inflation data closely watched by the Fed.
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Stocks extended their losses as investors reviewed disappointing earnings reports and awaited the release of inflation data closely watched by the Fed.
Stocks on Wall Street extended their recent run of losses Tuesday as investors reviewed disappointing earnings reports and looked ahead to the release of an inflation snapshot closely watched by the Federal Reserve. The S&P 500 fell 0.4%, marking its fourth consecutive drop. The Dow Jones Industrial Average fell 0.2% and the Nasdaq slid 1.2%. […]
Asian stocks followed Wall Street lower Wednesday ahead of U.S. inflation data that traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes.
The selling likely reflects profit-taking by investors ahead of Wednesday's consumer price index report.
Asian stocks followed Wall Street lower Wednesday ahead of U.S. inflation data that traders worry will show upward pressure on prices still is too strong for the U.S. Federal Reserve to ease off interest rate hikes.