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Wednesday, 3 August 2022: US equity markets fell as investors eyed US Speaker Nancy Pelosi’s visit to Taiwan

Wednesday, 3 August 2022: US equity markets fell as investors eyed US Speaker Nancy Pelosi’s visit to Taiwan
Aug 2, 2022 · 5m 7s

US equity markets fell as investors eyed US Speaker Nancy Pelosi’s visit to Taiwan and the latest commentary from Federal Reserve officials - Dow fell -402-points or -1.23%, The broader...

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US equity markets fell as investors eyed US Speaker Nancy Pelosi’s visit to Taiwan and the latest commentary from Federal Reserve officials - Dow fell -402-points or -1.23%, The broader S&P500 lost -0.67%, with Real Estate (down -1.30%), Financials (-1.07%), Industrials (-1.05%) and Materials (-1.01%) all falling over >1% to lead all eleven primary sectors lower. The Nasdaq slipped -0.16%. The small capitalisation Russell 2000 dipped -0.05%. Pinterest Inc jumped +11.61% as activist investor Elliott Investment Management become the largest shareholder of the digital pin-board firm.
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Author Morgans Financial Limited
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