US economic data jolts market

May 1, 2024 | Currency, Economy, Money Market

Investor risk sentiment was undermined into April month end by US economic data that revealed persistent wage pressures and a sharp fall in consumer confidence, says BNZ Markets this morning. The S&P fell close to 1% and looks set for its weakest monthly performance since September, notes Stuart Ritson. European stocks were also under pressure. […]

 


 

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