Stocks Decline On Growth Worries

The Dow Jones Industrial Average fell more than 300 points, for its first decline in five sessions, as concerns over trade and global growth resurfaced.

BING NEWS:
  • Hormel: A Potential Buy Despite Post-Earnings Decline
    Hormel Foods Corporation (NYSE: HRL) stock investors are living the expression that what goes up must come down. HRL stock is down 8.8% in midday trading after the company posted mixed earnings. This ...
    05/31/2024 - 12:35 am | View Link
  • Faraday Future’s stock rallies after registering biggest-ever decline
    Faraday Future’s stock FFIE, +27.26% was up 23.8% after ending Wednesday’s session down 62%, weighed down by the company’s full-year results late Tuesday. The stock is trading on volume of 550.5 ...
    05/30/2024 - 8:20 am | View Link
  • Salesforce Stock Extends Earnings-Fueled Decline as Analysts Lower Price Targets
    Salesforce's stock price plunged after the cloud software provider's sales missed estimates, leading analysts to lower their price objectives for the stock.
    05/30/2024 - 8:16 am | View Link
  • Global Market Shudders: Weak US Growth Sends Stocks & Bond Yields Tumbling
    Global equities fell as weaker US growth data led to a drop in bond yields and the US dollar. Investors are speculating on interest rate cuts owing to economic slowdown. The reaction rippled through ...
    05/30/2024 - 8:08 am | View Link
  • U.S. Economic Growth Revised Downward for Q1 as Jobless Claims Inch Up
    The U.S. economy grew at a slower pace than initially estimated in the first quarter, with the Commerce Department revising the annualized growth rate to 1.3%, down from the previously reported 1.6%.
    05/30/2024 - 2:39 am | View Link
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