Wall Street falls as tech sells off again, jobless claims still high

  • 📰 Reuters
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

U.S. stocks fell as technology-related shares extended a recent slide and high weekly jobless numbers revived fears that the economic recovery is losing momentum

Fed Chair Jerome Powell laid out a menu of factors - including wage growth, workforce participation and disparities in minority joblessness relative to whites - that must be satisfied before the Fed would view the economy at maximum employment, and even consider raising interest rates.

Declining issues outnumbered advancing ones on the NYSE by a 1.61-to-1 ratio; on Nasdaq, a 1.36-to-1 ratio favored decliners.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ONE NATION UNDER VATICAN 01_The Destruction of Jerusalem - Great Controversy (1911) Ellen G. White

ONE NATION UNDER VATICAN 01_The Destruction of Jerusalem - Great Controversy (1911) Ellen G. White

ONE NATION UNDER VATICAN 01_The Destruction of Jerusalem - Great Controversy (1911) Ellen G. White

01_The Destruction of Jerusalem - Great Controversy (1911) Ellen G. White

realDonaldTrump your thoughts? TrumpIsALoser

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to watch today: Wall Street set to drop with tech stocks under continued pressureTechnology stocks were set to resume their recent sell-off with the so-called FANG block all dipping at least 1% in today's premarket. BS. Tech is where growth and profits are at. Someone’s playing retail investors. CNB has become a forum for pompous CEO's & fund managers to spew trendy cliche's while bragging about their 'accomplishments' ad nauseum. Only way to stop hearing 'deplatform' to swtich to Spotify or Varney. Besides Susan Li doesn't have Sarah's whiny valley girl affect.
Source: CNBC - 🏆 12. / 72 Read more »