Wednesday, June 1, 2022

S&P 500, Dow open lower on inflation fears

 

S&P 500, Dow open lower on inflation fears; Powell-Biden talks in focus

The S&P 500 and Dow opened lower on Tuesday as soaring oil prices and hawkish comments from a Federal Reserve official spooked investors, with focus turning to talks between U.S. President Joe Biden and Fed Chair Jerome Powell later in the day.

No comments:

Post a Comment