Stocks still need fuel for further growth. There is much speculation that they may have slipped a bit further than their stock would allow. Photo: Lorenzo López de la Rosa, Scanpix
Good evening!
Wall Street opened slightly lower today after a recent rally. A set of European stocks also lived along the red territory.
Every week there’s something Wall Street is waiting for. This week is a breather ahead of the FRS chief’s address to the US Senate and US labor market data on Friday. In the US, there will be some change in the unemployment rate and how job creation has fared in sectors other than agriculture.
Stocks still need fuel for further growth. There is much speculation that it may have slipped a little further than its stock would allow.
Among the company news, one can highlight the 1.8 billion euro fine imposed on Apple by the European Union for abusing its dominant position in the music streaming app distribution market.
At the beginning of the US trading session, Apple’s share price had managed to fall by almost 2.5%.
A moderate fall in the Baltic stock market today. It must be said that even since the beginning of the year, the Baltic market has flattened a little. As if it wasn’t a bad thing. However, US stocks have risen sharply and European major markets have also had a good rise. During the year, Baltic shares have become 5% cheaper. The US Standard & Poor’s 500 index has grown by 27% during this period. The Baltics, at least in general, certainly do not show positive miracles. There are opinions – as long as we talk about war on a daily basis, it can remain that way.
2024-03-04 15:12:49
#Summary #day #market #04.03.2024
