Global equity markets fell on Wednesday, reversing earlier gains driven by solid corporate earnings
and mild U.S. inflation data that may let the Federal Reserve keep
interest rates lower for longer, as U.S. stocks retreated after some big
corporate names sold off.
Wall Street fell as Boeing Co (BA.N) and Biogen Idec (BIIB.O) tumbled after their results disappointed investors, the two biggest drags on the S&P 500.
A shooting at the Canadian parliament in Ottawa also unnerved investors.
Boeing lost 4.5 percent as analysts raised concern about the costs of its 787 Dreamliner jet. Biogen slid 5.4 percent after reporting that sales of its big-selling new multiple sclerosis drug, Tecfidera, fell short of Wall Street's lofty expectations.
Read more: Global shares falter as Wall Street tumbles; bond prices fall | Reuters
Wall Street fell as Boeing Co (BA.N) and Biogen Idec (BIIB.O) tumbled after their results disappointed investors, the two biggest drags on the S&P 500.
A shooting at the Canadian parliament in Ottawa also unnerved investors.
Boeing lost 4.5 percent as analysts raised concern about the costs of its 787 Dreamliner jet. Biogen slid 5.4 percent after reporting that sales of its big-selling new multiple sclerosis drug, Tecfidera, fell short of Wall Street's lofty expectations.
Read more: Global shares falter as Wall Street tumbles; bond prices fall | Reuters
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