mardi 5 juillet 2022

Nasdaq jumps 1.7%, Dow slips as oil falls 8%

  • Nasdaq jumps 1.7%, Dow slips as oil falls 8%

    U.S. stocks ended mixed in a choppy session as investors weighed fresh data signaling a recession after the Federal Reserve Bank of Atlanta updated its 2Q GDP estimate which is tracking at a 2.1% contraction. In commodities, oil lost over 8% to $99.50 per barrel, the biggest one-day percentage drop since March.

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