Stocks followed up last week's rally with a pullback, despite a strong Thursday gain.
The major averages closed lower this holiday-shortened trading week as investors weighed the possibility that inflation is peaking against the potential for slowing economic growth and a recession in the near future. The pullback follows last week's rally, which came after several consecutive losing weeks. Taking a cue from the action, we have been encouraged by the potential that a bottoming process is underway.
Microsoft CEO Satya Nadella attends the Viva Tech start-up and technology gathering in Paris on May 24, 2018.The major averages closed lower this holiday-shortened trading week as investors weighed the possibility that inflation is peaking against the potential for slowing economic growth and a recession in the near future. The pullback follows last week's rally, which came after several consecutive losing weeks.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
'These Impossible Things' Is Our June Book Club PickRead an excerpt from Salma El-Wardany's debut novel, here, then dive in with us throughout the month.
Weiterlesen »
The 'Dead Kid Club': Parents of mass shooting victims are a growing networkAs Uvalde parents grieve, they join a growing group of those who lost kids to gun violence — at Aurora and Sandy Hook and Parkland and beyond.
Weiterlesen »
Members-Only Dinner Club Expands to Las Vegas RestaurantsTasting Collective offers private prix fixe dinners to members of this exclusive club
Weiterlesen »
Small plane makes emergency landing at St. Davids Golf Club in Chester CountyThe male pilot and female passenger were able to get out of the plane with assistance from witnesses at St. Davids Golf Club and were transported to Paoli Memorial Hospital with unspecified injuries,
Weiterlesen »
Montgomery County teachers start 'homework club' to help neighborhood kidsA group of Montgomery County volunteers and educators are working together to make sure kids have the extra support they need to succeed in the classroom.
Weiterlesen »
Cinemark Movie Club Loyalty Program Passes 1 Million MembersThe Cinemark Movie Club has surpassed 1 million active members with more than 3,000 members per theater across its U.S. circuit. The nation’s third largest cinema chain, based in Plano, Texas, said…
Weiterlesen »