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...The tech-heavy Nasdaq Composite fell 2.1 per cent to its lowest level since early February....
...Stock markets in Asia were muted in early trading on Wednesday despite the US S&P 500 closing at a record high....
...US stocks were lower in early-afternoon trading on Monday, with declines among consumer discretionary, industrials and technology stocks offsetting gains for energy names....
...Wall Street’s S&P 500 was down 0.1 per cent on Monday....
...The benchmark S&P 500 closed 0.7 per cent lower on Tuesday, its biggest one-day drop since early March. About 80 per cent of the index’s constituent stocks finished lower on the day....
...The benchmark S&P 500 closed 0.7 per cent lower on Tuesday, its biggest one-day drop since early March....
...The benchmark S&P 500 was up 0.1 per cent in early trading New York on Monday, the first day of the second quarter. The tech-dominated Nasdaq Composite was up 0.5 per cent....
...Treasury yields meanwhile climbed, reflecting declining prices, as data pointed to slightly fewer than expected claims for unemployment aid in early February, in a further sign of the resilience of the US...
...The benchmark S&P 500 was down 0.1 per cent in mid-afternoon trading on Monday, having gained as much as 0.4 per cent in the morning session....
...The S&P 500 rose as much as 0.6 per cent in early trading, but gave up most of the gains and was up just 0.1 per cent by mid-afternoon....
...The S&P 500 was also on track for its worst week in more than five months in percentage terms....
...The S&P 500 eked out its fourth consecutive record high close on Wednesday, helped by several big tech names rising to new peaks....
...In recent weeks, more companies have hinted at early signs of a consumer slowdown. Costco shares have fallen 9 per cent since the company missed sales expectations in early March....
...Even those who were right that the pandemic economic cycle was different, such as Jan Hatzius of Goldman Sachs, were too sanguine about inflation early on....
...US stocks slipped in early trading on Tuesday as investors weighed mixed corporate results and looked ahead to key employment data and tech earnings....
...That level is above its record closing high of 4,796.56, notched in early January 2022....
...The S&P 500 gained 0.4 per cent to rise as high as 4,801.34 in early trading....
...The blue-chip index ended 0.1 per cent higher on Wednesday, with early gains moderating during afternoon trading....
...US stocks slipped in early trading, putting them on track to extend their four-day losing streak — Wall Street’s worst run so far this year....
...Contracts tracking Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq Composite were up 0.3 per cent and 0.6 per cent, respectively, ahead of the New York trading session....
...The benchmark S&P 500 was down 0.3 per cent and the tech-dominated Nasdaq Composite shed 0.5 per cent shortly after the opening bell in New York on Wednesday....
...Goldman, for example, expects 8 per cent EPS growth for the S&P 500 in 2024, and 6 per cent in 2025. And bottom-up EPS forecasts often get gradually trimmed as early-year optimism fades....
...Wall Street’s benchmark S&P 500 was up 0.4 per cent shortly after the opening bell in New York. The tech-heavy Nasdaq Composite rose 0.5 per cent....
...While the S&P 500 has blasted through many analysts’ end-of-2024 target levels, the equal-weighted version of the index has barely moved and remains below the all-time high it set in early 2021....
...European stocks sank in early trading on Friday amid a global sell-off after Israel launched retaliatory strikes against Iran....
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