Most global stocks dipped, whileoilpricesfell and Treasury yields climbed, as investors weighed declining factory activity in the euro zone and China with stabilizing U.S. manufacturing and job openings that signaled a still-tight labor market. On Wall Street, the Dow Jones Industrial Average rose 0.2 percent, to 35,630.55, while the S&P 500 lost 0.27 percent, to 4,576.72 and the Nasdaq Composite dropped 0.43 percent, to 14,283.91. Shares of Merck & Co. dropped 1.3 percent even though it raised its full-year profit forecast; Pfizer missed estimates for quarterly revenue, sending shares down 1.2 percent; and Caterpillar Inc rose 8.8% after reporting a better than expected ri...
Keep on reading: Gloomy data makes investors more cautious on world economy
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Keep on reading: Gloomy data makes investors more cautious on world economy
from INQUIRER.net https://ift.tt/LTs7C8v
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