concerns

Live stock market news updates: Stocks drop on China COVID concerns, economic data

Live stock market news updates: Stocks drop on China COVID concerns, economic data

U.S. stocks edged lower on Tuesday as Wall Street continued a slow start to the week as investors continued to watch China’s COVID policy and anticipate Federal Reserve Chairman Jerome Powell’s expected speech. The S&P 500 (^GSPC) fell 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.6%. The Dow Jones Industrial Average (^DJI) was virtually …

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Stocks fall on China Covid concerns;  Dollar Rise: Market Recap

Stocks fall on China Covid concerns; Dollar Rise: Market Recap

(Bloomberg) – Stocks fell amid fears China would tighten Covid restrictions after a string of reported deaths as investors sought refuge in the dollar. Bloomberg’s Most Read The S&P 500 and Nasdaq 100 contracts both fell at least 0.5%. Walt Disney Co. defied the gloom by rallying in premarket New York after the company brought …

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