US Equities Markets End Mixed Friday as Investors Evaluate Fed Official's Remarks

MT Newswires Live
03-21

US benchmark equity indexes ended mixed Friday as traders parsed the latest remarks by a Federal Reserve official.

* New York Fed President John Williams said the future is "highly uncertain" amid mixed signals from recent data.

"I expect (US economic) growth this year to step down from last year's pace in part because of a slowdown in labor force growth due to lower immigration rates," Williams said. "There are many scenarios that could play out, depending on fiscal and trade policies and geopolitical and other developments."

* The Organization for Economic Co-operation and Development cut its outlook for 2025 global economic growth to 3.1% from 3.3% this week, saying US policies will likely hamper trade and further slow China, the world's second-largest economy.

* May West Texas Intermediate crude oil closed up $0.09 to settle at $68.19 per barrel, while May Brent crude, the global benchmark, was last seen up $0.09 to $72.09 even as the trade wars pushed by U.S. President Donald Trump threaten to slow demand growth while supply is on the rise.

* Boeing (BA) shares were up 3.7%. The plane maker has reportedly won a multibillion-dollar contract to design and build a fighter jet for the US Air Force, beating Lockheed Martin (LMT). Shares of Lockheed tumbled 5.9%.

* Nike (NKE) shares decreased 5.7%. The sportswear giant late Thursday flagged revenue and gross margin declines in its fiscal Q4 amid tariffs and the company's ongoing transformation efforts.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

no data

没有相关数据

如果下载按钮点击无跳转,请点击右上角菜单选择 “在浏览器打开”