Description
Added on the 14/06/2019 12:22:35 - Copyright : Wochit
According to Reuters, a global gauge of stock markets fell below a two month low. On May 29th, MSCI's all-country world stock index fell about 1-percent with losses stretching across Asia, the US, and Europe. In Europe, the Stoxx 600 index fell 1.4-percent, while the euro was steady after two days of losses. On Wall Street, the top three markets on the New York Stock Exchange lost about 1-percent each. The Dow Jones Industrial Average plunged 270-points, dropping over 1-percent.
Utilities and telecom stocks led Wall Street lower for a second straight day. Fred Katayama reports.
Anxiety ahead of Friday's jobs report, and worries about the Greek debt situation weighed on stocks. Bobbi Rebell reports.
On Tuesday, shares of Beyond Meat plunged 22%. The drop came after the company reported a large revenue miss and slow sales growth in the third quarter. Beyond Meat reported net revenues of $94.4 million vs. $132.8 million expected by Wall Street. There was a loss per share of 28 cents versus the estimated earnings per share of five cents. CEO Ken Goldman attributed the third quarter loss to consumers "freezer loading" in the second quarter during the pandemic. Analysts at JPMorgan said it's unclear why Beyond Meat is floundering. Investors were also confused about the scope of Beyond Meat's collaboration with McDonald's in launching the new "McPlant."
Madrid, Mar 2 (EFE), (Camera: EFE).- The Spanish stock market fell 0.27% on Tuesday as Wall Street dropped, according to market data.FOOTAGE OF MADRID STOCK EXCHANGE
Madrid,Oct 8 (EFE).- The Spanish stock market fell by 0.09% Friday, conditioned by the doubts of Wall Street and the decline in part of the European markets after knowing the employment figures of the US in September, according to market data. (Camera: ANA BORNY)
|
Support : Technical 
- Content 
- Editors 
