Espace de noms de la page (page_namespace) | 0 |
Titre de la page (sans l’espace de noms) (page_title) | 'US STOCKS-Choppy Wall Street Waffles As Investors Weigh Recession...' |
Titre complet de la page (page_prefixedtitle) | 'US STOCKS-Choppy Wall Street Waffles As Investors Weigh Recession...' |
Ancien modèle de contenu (old_content_model) | '' |
Nouveau modèle de contenu (new_content_model) | 'wikitext' |
Texte wiki de l’ancienne page, avant la modification (old_wikitext) | '' |
Texte wiki de la nouvelle page, après la modification (new_wikitext) | '<br>By Lewis Krauskopf, Devik Jain and Sruthi Shankar<br> <br>June 23 (Reuters) - Wall Street's main indexes were mixed in choppy trading on Thursday, as gains in defensive shares countered declines for economically sensitive groups [https://www.buzzfeed.com/search?q=amid%20growing amid growing] worries about a recession.<br> <br>The benchmark S&P 500 edged lower as investors weighed whether the Federal Reserve's aggressive rate hikes to control surging inflation would wound the economy.<br><br>Benchmark U.S. Treasury yields fell to two-week lows, supporting tech and other growth stocks and keeping the Nasdaq in positive territory.<br> <br>Trading has remained volatile in the wake of the S&P 500 last week logging its biggest weekly percentage drop since March 2020.<br>Investors are weighing how far stocks could fall after the index earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.<br> <br>"It´s just like we have seen over the last few months, anytime we get a little bit of a rally from the bottom, it doesn´t seem to last very long," said James Ragan, director of wealth management research at D.A.<br><br>Davidson.<br> <br>The Dow Jones Industrial Average fell 108.55 points, or 0.36%, to 30,374.58, the S&P 500 lost 4.64 points, or 0.12%, to 3,755.25 and the Nasdaq Composite added 31.14 points, or 0.28%, to 11,084.22.<br> <br>In his second day of testifying before Congress, U.S.<br>central bank chief Jerome Powell said the Fed's commitment to reining in 40-year-high inflation is "unconditional" but also comes with the risk of higher unemployment.<br> <br>U.S. business activity slowed considerably in June as high inflation and declining consumer confidence dampened demand across the board, a survey on Thursday showed.<br> <br>"The Fed wants to see things start to slow and the data is starting to reflect that," Ragan said.<br> <br>Meanwhile, Citigroup analysts are forecasting a near 50% probability of a global recession.<br> <br>Among S&P 500 sectors, energy slumped 4.5%, continuing its recent pullback after [https://en.wiktionary.org/wiki/soundly%20outperforming soundly outperforming] the market for most of 2022.<br><br>Declines in Exxon Mobil and Chevron were among the biggest individual weights on the S&P 500.<br> <br>Other economically sensitive sectors also fell, with materials down 2.2% and financials and industrials off 1.9% and 1.6%, respectively.<br> <br>Defensive groups considered safer bets in rocky economic times were the top-performing sectors.<br><br>Among those groups, utilities, consumer staples and healthcare all rose over 1%.<br> <br>Gains of about 1% each in tech heavyweights [https://alumni.riphah.edu.pk/user/microsoftlicense123/ Microsoft] and Apple also helped support the S&P 500.<br> <br>Declining issues outnumbered advancing ones on the NYSE by a 1.13-to-1 ratio; on Nasdaq, a 1.07-to-1 ratio favored advancers.<br> <br>The S&P 500 posted one new 52-week high and 40 new lows; the Nasdaq Composite recorded 28 new highs and 166 new lows.<br><br>(Reporting by Lewis Krauskopf in New York, Devik Jain and Sruthi Shankar in Bengaluru and Boleslaw Lasocki in Gdansk; Editing by Arun Koyyur and Cynthia Osterman)<br>' |
