“A much stronger-than-expected rise in US services prices sent shivers through US stocks,” said market analyst Axel Rudolph at online trading platform IG.
At 10:16 a.m. ET, the Dow Jones Industrial Average fell 69.82 points, or 0.17 per cent, to 42,636.74, the S&P 500 lost 24.88 points, or 0.42 per cent, to 5,950.50 and the Nasdaq Composite lost 154.71 points, or 0.80 per cent, to 19,710.27.
ISM’s monthly survey of the US services sector showed it expanded in December, but the prices component also jumped to its highest point since last January.
هذه القصة مأخوذة من طبعة January 08, 2025 من Khaleej Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة January 08, 2025 من Khaleej Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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