Dow, S&P 500 on pace to post three-day slide as U.S. stocks extend Wednesday’s losses


Dow Jones Industrial Average and S&P 500 index extended their losses to a third session on Thursday as investors grappled with mixed economic data and Federal Reserve officials remarks on fears that the central bank will keep tightening monetary policy despite signs of slowing economy. Dow Jones Industrial Average DJIA, -0.76% was off 139 points, or 0.4%, to 33,151. The S&P 500 SPX, -0.76% declined by 0.4%, and the Nasdaq Composite COMP, -0.96% shed 0.5%. Treasury yields ticked up with the yield on the benchmark 10-year Treasury note rising to 3.407% after finishing at its lowest level in four months on Wednesday.

This article was originally published by Read the original article here.

Previous articleDow Jones Newswires: Ericsson warns on near-term outlook as profit disappoints
Next articleEricsson warns of an uncertain near-term outlook as profit disappoints


Please enter your comment!
Please enter your name here