News

Market Pulse: Stocks open with losses, extending Wednesday rout

0

Stocks opened lower Thursday, extending losses after the Dow Jones Industrial Average and S&P 500 a day after they saw their biggest one-day drops since June 2020.

The Dow
DJIA,
-0.62%

was down 240 points, or 0.8%, after opening with a loss of more than 300 points, while the S&P 500
SPX,
-0.39%

dropped 0.6% and Nasdaq Composite
COMP,
-0.01%

was down 0.2%.

Stocks have seen renewed pressure this week as major retailers reported that rising costs had started to cut into margins, highlighting fears about the ability of companies to pass on inflation pressures to customers.

Breaking Cleantech Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) Adds Simply Green’s Expertise in the Oil & Gas Industry; @dynaCERT

Previous article

Gold Stock News: Cassiar Gold (TSXV: GLDC) Reports Remaining 2021 Cassiar South Drill Results; Expands Known High-Grade Mineralization at Bain Vein

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in News