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Business & Economics

Morning Bid: S&P500 loses 6,000 handle amid U.S. slowdown fears

Reuters
Summary
Nutrition label

75% Informative

The S&P500 lost its 6,000 handle for the first time in three weeks on Monday .

The Nasdaq and small cap Russell 2000 are now negative for the year to date .

China mainland and Hong Kong stock indexes both lost more than 1% earlier on Tuesday after a Bloomberg report said President Donald Trump plan to toughen chip restrictions on China .

Key developments that should provide more direction to U.S. markets later on Tuesday .

US Conference Board 's February consumer confidence survey, Richmond Federal Reserve business surveys, Dallas Fed Feb services survey.

European Central Bank board member Isabel Schnabel and Bank of England chief economist Huw Pill speak.

US corporate earnings: Home Depot , First Solar , Workday , Keurig Dr Pepper , Public Service Enterprise, Sempra.

VR Score

86

Informative language

93

Neutral language

34

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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