Stock market today: Wall Street points to small losses in premarket following another record high
1 month, 1 week ago

Stock market today: Wall Street points to small losses in premarket following another record high

Associated Press  

Wall Street leaned toward small losses before markets opened Wednesday following another all-time high for the S&P 500. The Fed has signaled a more cautious approach this year amid uncertainty over new policies implemented by President Donald Trump’s administration and lingering inflation that has remained above the U.S. central bank’s 2% target. Japan’s Nikkei 225 slipped 0.27% to 39,164.61, following U.S. President Donald Trump’s threat to impose a 25% tariff on car imports that if implemented would adversely impact Japan’s economy. Britain’s FTSE 100 fell 0.6% after the government reported that inflation in the U.K. hit a 10-month high last month, likely diminishing expectations of rapid interest rate reductions from the Bank of England.

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