Investors wondering why stocks are down today need look no further as we have all the details on Tuesday’s bear market.
The biggest factor as to why stocks are down today has to do with China. Investors continue to monitor the economic situation of the country, using it as a barometer for the wider state of the world’s economy.
The bad news here is that the Chinese economy still isn’t doing well. New reports show that recovery continues to be a long and difficult path for China’s economy. The country’s problems started when extensive Covid-19 lockdowns weighed on its markets.
Investors will also keep in mind that experts have been predicting a recession for some time now. While the actions of the Federal Reserve appear to have pushed back or even stopped one, some investors are still wary about what the central bank’s meeting this month could entail. The biggest concern traders have is more interest rate hikes in an effort to combat inflation.
Let’s check in on stock indices below for a more macro look at how this is affecting stocks on Tuesday!
Stocks Down on Tuesday
- The Dow Jones is falling 0.19% as of Tuesday morning.
- The S&P 500 is dropping 0.24% as of this writing.
- The Nasdaq is sliding 0.13% lower this morning.
- The Small Cap 2000 is slipping 1.53% on Tuesday morning.
There’s even more stock market news that traders are going to want to know about down below!
We’re offering up all of the hottest stock market coverage that investors need to read about on Tuesday! A few examples of that include details on an Arm initial public offering (IPO), how Taylor Swift might save AMC Entertainment (NYSE:AMC) and what’s hitting 1847 Holdings (NYSEMKT:EFSH) stock. All of that info is available at the following links!
More Stock Market News for Tuesday
- Arm IPO Alert: 7 Things for Potential ARM Stock Investors to Know
- Is Taylor Swift About to Save AMC Stock?
- Why Is 1847 Holdings (EFSH) Stock Down 19% Today?
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
