US stocks fall after volatile trading in Asia and Europe

US stocks have opened modestly lower (Martin Keene/PA)

US stocks fall after volatile trading in Asia and Europe

Independent.ie

Stocks have opened modestly lower on Wall Street following volatile trading in Asia and Europe.

https://www.independent.ie/world-news/us-stocks-fall-after-volatile-trading-in-asia-and-europe-37409144.html

https://www.independent.ie/world-news/article37409142.ece/cae0f/AUTOCROP/h342/ipanews_06268309-2ad7-465c-ac3e-2c227222a0f4_1

Stocks have opened modestly lower on Wall Street following volatile trading in Asia and Europe.

US markets are coming off their steepest losses in eight months but a report showing only a modest rise in consumer prices seemed to calm investors just before markets opened.

Tech stocks, which were hit hard on Wednesday, fell slightly in early trading. Apple shares fell 1.2%.

Asian stock markets were hit by volatile trading (AP)

Earnings season is getting under way, and Delta Air Lines shares rose 3.8% after the airline beat profit expectations.

The S&P 500 index fell four points, or 0.1%, to 2,781 in early trading.

The Dow Jones Industrial Average lost 101 points, or 0.4%, to 25,497. The Nasdaq composite rose less than a point to 7,422.

Bond prices rose while the yield on the 10-year Treasury fell to 3.17%.

Press Association

Read More Here...

Bookmark the permalink.