Global stocks sink as investors turn more cautious - News Summed Up

Global stocks sink as investors turn more cautious


World stocks skidded lower on Tuesday as investors turned cautious about recent record highs and Wall Street suffered its biggest loss in over four months the day before. S&P 500 futures fell 0.5 percent and Dow futures lost 0.9 percent, auguring a downbeat start on Wall Street. UPBEAT DATA: Economic data was upbeat, showing the eurozone economy grew in 2017 at its fastest pace in a decade. Some investors may worry that the strong growth could convince some at the European Central Bank to wind down its monetary stimulus program earlier than expected. ENERGY: Benchmark U.S. crude fell 66 cents to $64.90 a barrel in electronic trading on the New York Mercantile Exchange.


Source: ABC News January 30, 2018 06:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */