“US Retail Sales Fall 1% – Analysis and Insights on Wall Street’s Reaction”

2023-04-14 20:51:35 New York Weak retail sales in the US pushed Wall Street into the red on Friday despite strong balance sheets from major US banks. The Dow Jones lost 0.4 percent to 33,886 points. The tech-heavy Nasdaq was also down 0.4 percent to 12,123 and the broader S&P 500 was down 0.2 percent to … Read more

US faces difficulties in securing land to meet demand for semiconductor and battery factories

The US Inflation Reduction Act (IRA) and the Semiconductor Support Act have led to a rapid increase in factory construction in the US, such as promoting reshoring, but difficulties in securing a factory site are being pointed out as a limitation. On the 13th (local time), Archyde.com reported that companies rushed to build factories in … Read more

US stock exchanges stabilize after the sell-off – banks on the up

Dealers on Wall Street (Photo: AP) New York The US stock exchanges closed on Thursday after a volatile course with slight price losses. After the initial shock about a possible sharper tightening of US monetary policy, some calm returned to Wall Street in early business. In late trading, moderate sales set in again. The US … Read more