国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

U.S. stocks trade lower as IMF cuts forecast for global growth

Source: Xinhua| 2019-04-10 00:29:47|Editor: huaxia
Video PlayerClose

NEW YORK, April 9 (Xinhua) -- U.S. stocks traded lower on Tuesday, as the International Monetary Fund (IMF) on Tuesday trimmed its outlook for global economic growth for 2019, due to downside risks caused by global trade tensions and the U.S. Federal Reserve's monetary tightening.

At midday, the Dow Jones Industrial Average fell 157.79 points, or 0.60 percent, to 26,183.23. The S&P 500 was down 12.42 points, or 0.43 percent, to 2,883.35. The Nasdaq Composite Index decreased 14.88 points, or 0.19 percent, to 7,939.01.

Shares of American Airlines fell over 2 percent, after the company cut on Tuesday its revenue guidance for the first quarter, due to protracted grounding of Boeing's 737 Max jets.

Shares of Walt Disney rose over 1.4 percent, as U.S. leading financial institution Cowen upgraded its rating on the entertainment giant to "outperform" from "market perform," citing positive sentiment.

Ten of the 11 primary S&P 500 sectors traded lower around midday, with the industrials sector down over 1.1 percent, leading the losers.

The IMF reduced its 2019 growth projection for the world economy to 3.3 percent, down from its previous forecast of 3.5 percent, according to its April report on world economic outlook.

"The balance of risks remains skewed to the downside," the IMF said in the report. "Failure to resolve differences and a resulting increase in tariff barriers above and beyond what is incorporated into the forecast would lead to higher costs of imported intermediate and capital goods and higher final goods prices for consumers."

However, the IMF said it expects the world economy to rebound at a rate of 3.6 percent in 2020. Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001379634951
主站蜘蛛池模板: 健康| 普定县| 济源市| 宁德市| 洛浦县| 镇赉县| 五大连池市| 沾益县| 荃湾区| 岢岚县| 静海县| 万盛区| 遂川县| 工布江达县| 乾安县| 万州区| 镇巴县| 永康市| 深圳市| 吉木乃县| 宁德市| 浙江省| 扬中市| 天长市| 崇阳县| 泰和县| 多伦县| 塘沽区| 牙克石市| 丹阳市| 都江堰市| 田林县| 伊川县| 佳木斯市| 天台县| 泸溪县| 漳平市| 娄烦县| 康定县| 鄂托克前旗| 浙江省|