- Analytics
- News and Tools
- Market News
- Global Stocks: U.S. stock indices declined
Global Stocks: U.S. stock indices declined
U.S. stock indices declined on Thursday with Wal-Mart stocks leading declines amid a weaker-than-expected quarterly report. Lower oil prices weighed on stocks too.
The Dow Jones Industrial Average declined 40.40 points, or 0.3%, to 16,413.43. The S&P 500 lost 8.99 points, or 0.5%, to 1,917.83 (eight out of its ten sectors declined). The Nasdaq Composite fell 46.53 points, or 1%, to 4,487.54.
Philadelphia Fed Manufacturing Survey showed that business activity improved in the region in February. The corresponding index rose to -2.8 points from -3.5 in January. Economists had expected the index to climb to -3.0.
The U.S. leading indicators index from the Conference Board fell by 0.2% to 123.2 (2010=100) in January after a 0.3% decline in December and 0.5% rise in November. The latest reading was in line with forecasts.
This morning in Asia Hong Kong Hang Seng fell 0.35%, or 67.75 points, to 19,295.33. China Shanghai Composite Index declined 0.17%, or 4.74 points, to 2,858.15. Meanwhile the Nikkei fell 1.43%, or 231.89 points, to 15,964.91.
Asian stock indices fell following declines in U.S. equities. A stronger yen put additional pressure on stocks of Japanese exporters. The yen rose by almost 10% against the dollar in the past three weeks.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
