Wall Street weakened and experienced the biggest daily settlement since a sell-off on three weeks ago

in #wallstreet6 years ago (edited)

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US stocks (US) or wall street weakened driven energy stocks. It was also off the benchmark S & P 500 benchmark index which experienced its biggest drop since January 2016.

the Dow Jones stock index fell 380 points, or 1.5 percent, to 25,029. The S & P 500 stock index slipped 1.1 percent to 2,713. While the Nasdaq stock index fell 0.8 percent to 7,273 positions.

Throughout February, the Dow Jones stock index fell by more than four percent. The S & P 500 stock index lost 3.9 percent. The Nasdaq stock index fell 1.9 percent. The S & P energy sector's energy sector declined 1.3 percent as oil prices depressed.

The S & P 500 and Dow Jones stock indexes hit a 10-month high after a sell-off earlier in the month. It was triggered by fears of high inflation may push the US central bank or the Federal Reserve to raise interest rates higher than investors expect. Wall street was recovered, but still turbulent.

Approximately 76 percent of companies entering the S & P 500 was reported to record profits above predictions. That's based on Reuters data. Earlier in early trading, Wall Street briefly rose after the US government revised its economic data activity to 2.5 percent.

However, factory activity fell in February. Home sales also slumped in January. Stock indexes measure investor anxiety or the CBOE index rose 19.63 in the short term.

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