Bulletin

Weary investors await more clues on US economy and rates policy

Index

US stocks fell back from record highs yesterday and the dollar slipped from an 11-year peak as a lack of fresh incentives left buyers on the sidelines. There was a general sense of fatigue in equity markets as participants waited for further clues about the strength of the US economy and the likelihood of the Federal Reserve raising interest rates this year. By midday in New York, the S&P 500 was down 0.8% at 2,100, after setting a record closing high of 2,117.39 in the previous session. The Nasdaq Composite index, which closed above the 5,000 level on Monday for the first time in nearly 15 years, was off 1% at 4,960, and the pan-European FTSE Eurofirst 300 index also fell 1%.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

An experienced early years practitioner in Devon has secured the future of a local nursery by acquiring the business in addition to their…

Where Next?