Stocks Slump As Concerns About Economy Grow

Stocks retreated in morning trading Tuesday as investors turned their attention to more signs of weakness in the U.S. economy and poor corporate earnings reports.

Topics:  u.s    stocks   economy   
BING NEWS:
  • China Recovery Likely Picked Up With Outlook Buoyed by Stimulus
    China’s economy likely continued to show signs of improvement in April, buoying the outlook for recovery as policymakers ramped up support.
    05/17/2024 - 12:00 am | View Link
  • China's factories fire up but consumer slump persists
    China's industrial output grew 6.7% year-on--year in April, accelerating from the 4.5% pace seen in March, as the recovery in the manufacturing sector gathered pace.
    05/16/2024 - 5:57 pm | View Link
  • China considers local government purchases of unsold homes, Bloomberg News says
    China's property sector has been in a deep slump for years, hit by a debt crisis among developers. Since 2022, waves of policy measures have failed to turn around the sector that represents around a ...
    05/14/2024 - 11:21 pm | View Link
  • 3 Consumer Discretionary Stocks to Sell in May Before They Crash & Burn
    The U.S. economy slowed sharply in Q1, growing at just 1.6%, lagging significantly behind the 2.5% estimate. Moreover, a soft jobs report compounds those concerns further ... especially with the EV ...
    05/13/2024 - 2:48 am | View Link
  • FTSE 100 Live 10 May: Index at another record as UK exits recession
    A forecast and recession beating GDP figure of 0.6% today showed the UK’s strongest expansion in over two years.
    05/10/2024 - 12:19 am | View Link
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