Loading...
Loading...
U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook.
Citing a bitter winter in the U.S., a weaker outlook from emerging markets such as Russia and China, the World Bank expects the global economy to grow 2.8 percent this year after projecting 3.2 percent growth back in January.
House Majority Leader Eric Cantor's loss to a tea party activist in Tuesday's Virgina primary may have also contributed to Tuesday's decline.
"I hope it doesn't mean that it will be impossible from this point forward to compromise on issues like the budget, immigration policy or any of the issues racking the country" Goldman Sachs's CEO Lloyd Blankfein told
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: News3D SystemsAmazon.comanadarko petroleumApparel, Accessories & Luxury GoodsAuxilium PharmaceuticalsB/E AerospaceBancorpbig lotsCBSCBS OutdoorChip WilsonConocoPhillipsConsumer DiscretionaryConviction ListcrudeCrude InventoriesCyramzaDepartment StoresDesigner CollectiveEBAYeli lillyEOG ResourcesExpediaFDICfoot lockerJazz PharmaceuticallululemonMarc TheermannMBA Composite IndexMetLifeMillennial MediaMolson Coors BrewingPrascoQualcommradioshackRambusRenesasStarbucksStarbucks ChinasynapticsTestim
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in