All Posts in "slips"

S&P 500 slips as cyclical slide counters tech gains

A trader will work on the trading floor at the New York Inventory Trade (NYSE) in Manhattan, New York Metropolis, U.S., August 5, 2021. REUTERS/Andrew Kelly

  • Power sector worst performer, elements weak
  • Macy’s, Kohl’s increase on mountaineering once-a-year assistance
  • U.S. weekly jobless promises strike 17-month lower
  • Dow down .47%, S&P down .11%, Nasdaq up .04%

Aug 19 (Reuters) – The S&P 500 edged down in choppy investing on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve may mood its monetary stimulus.

Tech also supported the Nasdaq, even though the Dow industrials moved lower, as economically delicate sectors this sort of as power and components had been weak.

Facts confirmed that the number of Us citizens filing new promises for unemployment positive aspects fell to a 17-thirty day period low final week, pointing

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Nicky Chicca by — August 20, 2021 in Er Tech