• Contact us
  • Privacy Policy
  • Sitemap
  • Disclaimer
Tuesday, September 19, 2023
NewsLiveNation
No Result
View All Result
  • Login
  • Contact us
  • Business
    • Economy
    • Finance
    • Insurance
  • Health
  • Lifestyle
    • Travel
  • News
    Michael Richards Net Worth

    Michael Richards Net Worth (2023): Car, Career, Awards.

    Twitter

    yesu_x Twitter: Biography and real identity

    Marcel Young: the son of legendary rap singer Dr. Dre

    Lou Sulola Samuel: A Child Supermodel

    Lou Sulola Samuel: A Child Supermodel

    Michael Other’s Tiffany Roy Bio

    Michael Other’s Tiffany Roy Bio

    Coronavirus variants detected via covid-19 tests, labs suggest

    Coronavirus Variant Detected via Covid-19 Tests,Labs Suggest

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Entertainment
    • National
    • Politics
    • World
  • Opinion
  • Science
  • Tech
  • Contact us
  • Business
    • Economy
    • Finance
    • Insurance
  • Health
  • Lifestyle
    • Travel
  • News
    Michael Richards Net Worth

    Michael Richards Net Worth (2023): Car, Career, Awards.

    Twitter

    yesu_x Twitter: Biography and real identity

    Marcel Young: the son of legendary rap singer Dr. Dre

    Lou Sulola Samuel: A Child Supermodel

    Lou Sulola Samuel: A Child Supermodel

    Michael Other’s Tiffany Roy Bio

    Michael Other’s Tiffany Roy Bio

    Coronavirus variants detected via covid-19 tests, labs suggest

    Coronavirus Variant Detected via Covid-19 Tests,Labs Suggest

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Entertainment
    • National
    • Politics
    • World
  • Opinion
  • Science
  • Tech
No Result
View All Result
Morning News
No Result
View All Result
Home Economy

S&P 500, Dow extend longest losing spree in a year as coronavirus cases top 7 mn

newslivenation by newslivenation
September 25, 2020
in Economy
0
S&P 500, Dow extend longest losing spree in a year as coronavirus cases top 7 mn
0
SHARES
32
VIEWS
Share on FacebookShare on Twitter

[ad_1]

The S&P 500 and the Dow inched decrease on Friday, extending their longest losing spree in a year as fears concerning the outlook for the economic system in a future nonetheless dominated by the coronavirus weighed on investor sentiment.

Five of the 11 main S&P indexes fell in early buying and selling, with a 0.7% drop for vitality shares placing them on track for one in all their worst weeks because the coronavirus-driven crash in March.

The defensive actual property sector led positive factors amongst these buying and selling increased.

A clutch of combined macroeconomic knowledge has weighed on Wall Street in current weeks, overshadowing indicators of progress on Congressional stimulus that, analysts say, is required to maintain an financial restoration.

“There’s evidence of a slowdown in the United States, which we think is temporary, but it would be reinforced if there is no additional fiscal package,” mentioned Sebastien Galy, senior macro strategist at Nordea Asset Management in Luxembourg.

The S&P 500 is on track for its fourth straight weekly decline – its longest losing streak since August 2019 – and is hovering simply above correction territory with buyers oscillating between beaten-down technology-related shares and value-linked sectors such as industrials.

At 10:07 a.m. ET, the Dow Jones Industrial Average was down 39.09 factors, or 0.15%, at 26,776.35, and the S&P 500 was down 1.50 factors, or 0.05%, at 3,245.09.

The Nasdaq Composite was up 25.38 factors, or 0.24%, at 10,697.65, propped up by a 1% bounce in Apple Inc.

Shares of tech mega-caps together with Amazon.com Inc and Microsoft Corp, that are perceived as comparatively protected belongings at a time of financial uncertainty, additionally inched increased.

The S&P industrials sector added 0.2% as knowledge confirmed new orders for key U.S.-made capital items elevated greater than anticipated in August.

Analysts warned the CBOE volatility index, recognized as Wall Street’s concern gauge, may climb increased towards the tip of the quarter subsequent week as effectively as the Nov. Three presidential election.

Costco Wholesale Corp fell 2.6% as the warehouse chain recorded excessive coronavirus-related prices for the second straight quarter.

Boeing Co gained 2.4% after Europe’s chief aviation security regulator mentioned the planemaker’s grounded 737 MAX may obtain regulatory approval to renew flying in November and enter service by the tip of the year.

Novavax Inc jumped 9.8% after the drugmaker launched a late-stage trial of its experimental COVID-19 vaccine in the UK.

Advancing points practically matched decliners on the NYSE and outnumbered them 1.68-to-1 on the Nasdaq.

The S&P index recorded no new 52-week excessive or low, whereas the Nasdaq recorded seven new highs and 23 new lows.

This story has been printed from a wire company feed with out modifications to the textual content. Only the headline has been modified.

Subscribe to Mint Newsletters

* Enter a legitimate e mail

* Thank you for subscribing to our e-newsletter.

Topics

[ad_2]

Source hyperlink

Table of Contents

  • READ ALSO
  • AMarkets Review 2021: Best Platform for Forex and CFD Trading
  • FIR lodged against Franklin

READ ALSO

AMarkets Review 2021: Best Platform for Forex and CFD Trading

FIR lodged against Franklin

Tags: coronacoronavirusCOVID-19Wall Street

Related Posts

AMarkets Review
Economy

AMarkets Review 2021: Best Platform for Forex and CFD Trading

November 17, 2021
FIR lodged against Franklin
Economy

FIR lodged against Franklin

September 25, 2020
Government To Study Vodafone Arbitration Case Award
Economy

Government To Study Vodafone Arbitration Case Award

September 25, 2020
Harley Close To Deal With Hero After Stopping Local Manufacturing: Report
Economy

Harley Close To Deal With Hero After Stopping Local Manufacturing: Report

September 25, 2020
Indian Economy To See Record Contraction In 2020-21 Before Sharp Recovery: S&P
Economy

Indian Economy To See Record Contraction In 2020-21 Before Sharp Recovery: S&P

September 25, 2020
Markets recoup losses, climb over 2% on hopes of govt measures
Economy

Markets recoup losses, climb over 2% on hopes of govt measures

September 25, 2020
Next Post
Government To Study Vodafone Arbitration Case Award

Government To Study Vodafone Arbitration Case Award

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

How To Make Self-Care A Part Of Your Routine

How To Make Self-Care A Part Of Your Routine

October 4, 2022
John Krasinski Net Worth

John Krasinski Net Worth: Is he richest actor of The Office?

July 24, 2023
How to Remove Weather From Taskbar?

How to Remove Weather From Taskbar?

January 12, 2023
Alvin Louise Martin

Alvin Louise Martin: Everything you need to know about Whoopie Goldberg’s ex-husband. Where is he now? 

June 1, 2022

EDITOR'S PICK

PM Narendra Modi’s Thumbs Up For Mr Good Governance Nitish Kumar: Sushashan

PM Narendra Modi’s Thumbs Up For Mr Good Governance Nitish Kumar: Sushashan

September 22, 2020
NDTV News

BSP Leader Mayawati’s Father Prabhu Dayal Dies At 95

November 19, 2020
MPs Spar On Twitter As Shashi Tharoor Talks Of Summoning Facebook

MPs Spar On Twitter As Shashi Tharoor Talks Of Summoning Facebook

August 18, 2020
JNUEE 2020 Iteration-2 Result Declared, Check Direct Link- results.amarujala.com

JNUEE 2020 Iteration-2 Result Declared, Check Direct Link- results.amarujala.com

December 23, 2020

About

newslivenation.in


newslivenation.in is an open platform for people who loves to read and write. You can gather information or share your views in your words here. We will always be happy to provide the most recent facts, technological news etc. Happy reading!

Follow us

Insurance

Senior Citizens’ Guide to International Travel Insurance

September 18, 2023
animal

How to Get Rid of Ground Squirrels (2023): Everything You Need to Know

September 16, 2023
Health

How to Make Alkaline Water (2023): Top to Toe Information

September 7, 2023

Senior Citizens’ Guide to International Travel Insurance

  • Contact us
  • Privacy Policy
  • Sitemap
  • Disclaimer

Copyright © 2023 All Rights Reserved | Powered by Newslivenation

No Result
View All Result
  • News
  • Politics
  • National
  • Business
  • Finance
  • World
  • Entertainment
  • Fashion
  • Food
  • Health
  • Lifestyle
  • Opinion
  • Science
  • Tech
  • Travel

Copyright © 2023 All Rights Reserved | Powered by Newslivenation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In