1/30/2024 0 Comments Westlaw edge![]() You may transmit Westlaw data electronically using a feature in Westlaw or print and share the Westlaw data as necessary in the regular course of use authorized under section 1.2, below. Terms and Conditions Governing Productsġ.1 General Terms and Conditions, located at, apply to all Products. You warrant that you will notify us immediately if your status changes.ġ. If you do not click on "Agree & Complete Registration", you will not be provided access to Product(s).īy clicking "Agree & Complete Registration", you represent that you are either (a) currently enrolled as a student in a law school class, (b) a recent law school graduate with permitted access, or (c) full-time or part-time/adjunct law faculty, law school administration, or staff. "Product(s)" means Thomson Reuters Westlaw including Practical Law, Firm Central, West LegalEdcenter, software and/or hosted products to which your law school subscribes, and TWEN.Ĭlick on "Agree & Complete Registration" below to complete the registration process. Spot gold dropped 1.5% to $1,990.68 an ounce.These terms and conditions govern your use of our Product(s) (as defined below).ĭefinitions. Gold prices slid in opposition to the rising dollar. crude edged down 0.35% to settle at $70.86 per barrel, and Brent settled at $74.91 per barrel, down 0.43% on the day. Oil prices dipped as weaker-than-expected economic data in both the United States and China shot down a higher global demand forecast from the International Energy Agency (IEA). The Japanese yen weakened 0.14% versus the greenback at 136.32 per dollar, while sterling was last trading at $1.2482, down 0.36%. The dollar index rose 0.2%, with the euro down 0.1% to $1.0861. The greenback inched higher against a basket of world currencies after the retail sales data showed underlying signs of consumer resiliency as focus shifted to the wrangling over the debt ceiling in Washington. The 30-year bond last fell 10/32 in price to yield 3.8601%, from 3.842% late on Monday. Treasury yields continued to rise on the heels of economic data, which suggest economic resilience despite the Federal Reserve's restrictive policy.īenchmark 10-year notes last fell 7/32 in price to yield 3.5339%, from 3.508% late on Monday. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) closed 0.14% lower, while Japan's Nikkei (.N225) rose 0.73%. ![]() ![]() The pan-European STOXX 600 index (.STOXX) lost 0.42% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) shed 0.54%.Įmerging market stocks rose 0.05%. retail sales data stoked worries about softer consumer spending. The Dow Jones Industrial Average (.DJI) fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 (.SPX) lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite (.IXIC) dropped 22.16 points, or 0.18%, to 12,343.05.Įuropean shares ended lower as downbeat earnings and the U.S. "We have a cautious outlook for the year, but so far we've made it through the first quarter with consumer spending fairly robust and corporate profits not as bad as expected," Hainlin said. ![]() However, a core measure of retail sales suggested the American consumer continues to bolster the economy. home improvement chain, combined with weaker-than-expected retail sales data suggested consumer spending is losing some momentum as restrictive monetary policy dampens demand. "It's just the timeline is more compressed this time, and these negotiations play out in the public sphere, and that leads to increasing volatility until we get to an agreement."ĭisappointing results from Home Depot (HD.N), the largest U.S. "There is a question whether there's enough time to get a full deal done rather than a temporary extension, but it doesn't mean they can't come to an agreement in a few weeks," said Tom Hainlin, national investment strategist at U.S. debt ceiling to avoid a catastrophic default in the face of a looming deadline. President Joe Biden and House of Representatives Speaker Kevin McCarthy met to try to hammer out details of an agreement to raise the U.S. stock indexes ended down, the tech-heavy Nasdaq's losses were held in check by momentum megacaps including (AMZN.O), Alphabet Inc (GOOGL.O) and Microsoft Corp (MSFT.O). stocks closed lower on Tuesday and benchmark Treasury yields extended their rise as mixed economic data, weak corporate results and ongoing debt ceiling negotiations in Washington dampened investor risk appetite.
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