financetom
Market
financetom
/
Market
/
Wall Street falls at open on concerns over rate outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wall Street falls at open on concerns over rate outlook
Dec 20, 2024 6:54 AM

(Reuters) - Wall Street's main indexes dropped at the open on Friday on fears over high interest rates next year although a cooler-than-expected inflation report for November stymied losses.

The Dow Jones Industrial Average fell 46.0 points, or 0.11%, at the open to 42296.26. The S&P 500 fell 25.1 points, or 0.43%, to 5842​, while the Nasdaq Composite dropped 182.7 points, or 0.94%, to 19190.042.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
JGB yields climb with US peers as markets weigh Trump win
JGB yields climb with US peers as markets weigh Trump win
Nov 6, 2024
TOKYO, Nov 6 (Reuters) - Japanese government bond (JGB) yields rose on Wednesday, with the two-year bond hitting a 16-year high, as markets focus rested on initial voting results trickling in from the U.S. presidential election. The 10-year JGB yield climbed 5 basis points to a two-week high of 0.98%, tracking a rise in U.S. Treasury yields, while the dollar...
Japan's Nikkei rises 2% as markets await US election outcome
Japan's Nikkei rises 2% as markets await US election outcome
Nov 6, 2024
(Updates at 0533 GMT) TOKYO, Nov 6 (Reuters) - Japan's Nikkei share average rose 2% on Wednesday, with chip and defence shares leading gains, while market participants keenly awaited the outcome of the U.S. presidential election. The Nikkei was up 2.03% at 39,256.77 as of 0533 GMT, while the broader Topix gained 1.55% at 2,705.62. The Nikkei accelerated gains as...
QUOTES-'Trump trades' surge as Trump claims victory
QUOTES-'Trump trades' surge as Trump claims victory
Nov 6, 2024
(Adds further comment) Nov 6 (Reuters) - The dollar surged and U.S. stock futures hit record highs as investors bet on lower taxes and higher interest rates as Republican Donald Trump claimed victory in the U.S. presidential election after leading vote counts in crucial swing states. Fox News also projected Trump to win the presidency. MARKET REACTION AT 0745 GMT...
Mexico's peso slumps to two-year low as markets tilt towards Trump win
Mexico's peso slumps to two-year low as markets tilt towards Trump win
Nov 6, 2024
LONDON, Nov 6 (Reuters) - Mexico's peso sank to its weakest level in over two years on Wednesday, as markets braced for a win for Donald Trump the U.S. election, extending a streak of volatility and weakness for the emerging markets bellwether. The peso dropped as low as 20.8038 per dollar for the first time since August 2022, more than...
Copyright 2023-2026 - www.financetom.com All Rights Reserved