Wall Street in Recession – Investors Reluctance to Central Bankers Meeting

Wall Street in Recession - Investors Reluctance to Central Bankers Meeting
Trader in the New York Stock Exchange

View of the trading floor at the New York Stock Exchange.


(Photo: dpa)

Frankfurt US stock exchanges stopped looking for records for now on Thursday after an attack in Kabul. In addition, the company’s balance sheets and economic data did not paint a uniform picture. Investors took profits ahead of the traditional Jackson Hole Federal Reserve conference.

The Dow Jones index of record values ​​in the early afternoon in New York after a friendly start fell 0.2 percent to 35,344 points. The broader S&P 500 was down 0.2 percent at 4,485 meters of springs. The Nasdaq Technology Index fell 0.2 percent to 15,014 points. S&P and Nasdaq temporarily hit new highs the day before.

Oil stocks were affected by the drop in oil prices: ExxonMobil, Chevron and Schlumberger shares fell.

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Zoe Barker
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