Stocks little changed in US

Interest rate concerns stifled Wall Street’s attempt to extend its rally today, even as the market drew support from upbeat reports on factory orders, housing demand and consumer confidence.

Stocks little changed in US

Interest rate concerns stifled Wall Street’s attempt to extend its rally today, even as the market drew support from upbeat reports on factory orders, housing demand and consumer confidence.

Positive economic data stoked the market at the opening, but those gains were limited by a bond sell-off as traders grew worried that a strengthening economy would give the Federal Reserve reason to continue its rate-tightening campaign.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited