While you were sleeping: US economic red flags

Wed, 03 Feb 2016

By Margreet Dietz Feb. 4 (BusinessDesk) - Equities on both sides of the Atlantic moved lower, even as Wall Street pared some its earlier losses as the price of oil bounced, amid persistent concern about the outlook for global economic growth and corporate profits. In 12.21pm trading in New York, the Dow Jones Industrial Average inched 0.03 percent lower, while the Nasdaq Composite Index dropped 1.1 percent. In 12.06pm trading, the Standard & Poor’s 500 Index fell 0.6 percent. "I think the next couple of quarters could be really volati...

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