{"id":71613,"date":"2022-09-06T21:19:00","date_gmt":"2022-09-06T17:19:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=71613"},"modified":"2022-09-07T00:45:53","modified_gmt":"2022-09-06T20:45:53","slug":"wall-street-dives-in-the-red-territory","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/wall-street-dives-in-the-red-territory\/09\/06\/market-updates\/","title":{"rendered":"Wall Street Dives In The Red Territory"},"content":{"rendered":"\n<p>Wall Street&#8217;s main indexes closed lower on Tuesday, the first session after the US Labour Day holiday and summer vacations, as traders assessed fresh economic data in volatile trading. A lot of uncertainty and volatility is not coming from the US; it&#8217;s actually coming from overseas.<br><br>The tech-heavy Nasdaq (.IXIC) suffered its seventh consecutive day of losses, its longest losing streak since November 2016.<br><br>Rate-sensitive shares of Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O) fell about 1% as benchmark US Treasury yields rose to their highest levels since June. Apple Inc (AAPL.O), which will launch new iPhones next Wednesday, also lost ground.<br> <br>However, numbers from S&amp;P Global showed the services sector Purchasing Managers&#8217; Index fell short of flash estimates for August.<br><br>Markets started September on a weak note, extending a slide that started at the end of August, as hawkish comments from Fed policymakers and data signaling US economic momentum raised fears of aggressive interest rate hikes.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street&#8217;s main indexes closed lower on Tuesday, the first session after the US Labour Day holiday and summer vacations, as traders assessed fresh economic data in volatile trading. A lot of uncertainty and volatility is not coming from the US; it&#8217;s actually coming from overseas.The tech-heavy Nasdaq (.IXIC) suffered its seventh consecutive day of &hellip;<\/p>\n","protected":false},"author":13,"featured_media":71622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[],"class_list":["post-71613","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=71613"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71613\/revisions"}],"predecessor-version":[{"id":71620,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71613\/revisions\/71620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71622"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=71613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}