"Dow Dips Amid Economic Concerns and Weak Data"
TL;DR Summary
The Dow Jones Industrial Average fell 115 points on Monday following a weaker-than-expected PMI report and OPEC's extended oil production cuts, while the Nasdaq and S&P 500 managed slight gains. Bond yields saw their biggest drop of the year, but this did not significantly boost stocks. Health care, communication services, and tech sectors saw gains, while energy, industrials, and utilities declined.
- Market close: Dow falls 115 points following PMI print Yahoo Finance
- Dow slides more than 100 points to close June's first trading session as economic worries weigh on investors: Live updates CNBC
- Stocks pare losses after sliding on worries about the economy’s health CNN
- Wall Street ends slightly higher after soft manufacturing data, NYSE glitches Reuters
- Treasury Yields Sink as Weak Data Fuel Fed Bets: Markets Wrap (Bloomberg) Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
11
Time Saved
2 min
vs 3 min read
Condensed
85%
405 → 61 words
Want the full story? Read the original article
Read on Yahoo Finance