US Stock Market Closes Mixed After Lackluster Session
===============
#8e73873c ver:0.59
The US stock market closed mixed as the Dow Jones reached a one-month high, while the Nasdaq and S&P 500 pulled back from their early highs. Profit-taking and uncertainty about interest-rate cuts influenced the downturn. Economic data showed a moderate decline in unemployment claims and a drop in housing construction. Bond yields rose, and the dollar index remained strong. Analysts predict a potential pullback of up to 12% in stocks, while JPMorgan Chase CEO warns of a 'hard landing' for the US economy. Investors shed nearly $30 billion of US equity funds, with outflows in large cap and multi-cap funds. The market awaits GDP and PCE data, consumer confidence, stress test results, and more from the Federal Reserve. The S&P 500 and Nasdaq 100 face potential support levels amid signs of a deeper correction. #StockMarket #Economy #Investing...
#newstr #UsStockMarket #DowJones #Nasdaq #S&p500 #Nvidia #EconomicData
https://here.news/story/8e73873c?ver=0.59
Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown /
npub1c7…zzdse
2024-06-21 20:59:39
Author Public Key
npub1c7fxeel98d892hsfu7dzatgdpfujutpyjsytrs9mp7we7f7crfcsgzzdsePublished at
2024-06-21 20:59:39Event JSON
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"content": "US Stock Market Closes Mixed After Lackluster Session\n===============\t\n#8e73873c ver:0.59\n\nThe US stock market closed mixed as the Dow Jones reached a one-month high, while the Nasdaq and S\u0026P 500 pulled back from their early highs. Profit-taking and uncertainty about interest-rate cuts influenced the downturn. Economic data showed a moderate decline in unemployment claims and a drop in housing construction. Bond yields rose, and the dollar index remained strong. Analysts predict a potential pullback of up to 12% in stocks, while JPMorgan Chase CEO warns of a 'hard landing' for the US economy. Investors shed nearly $30 billion of US equity funds, with outflows in large cap and multi-cap funds. The market awaits GDP and PCE data, consumer confidence, stress test results, and more from the Federal Reserve. The S\u0026P 500 and Nasdaq 100 face potential support levels amid signs of a deeper correction. #StockMarket #Economy #Investing...\n\n#newstr #UsStockMarket #DowJones #Nasdaq #S\u0026p500 #Nvidia #EconomicData \n\n https://here.news/story/8e73873c?ver=0.59",
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