Stock Market Today: Weak Data Opens Trap Door Under Stocks
by Kyle Woodley
Jun 28, 2022
2 minutes
Stocks started the day on solid footing as investors cheered reports that China is easing back its COVID-related restrictions by reducing the quarantine period for international travelers coming into the country to 10 days from 21 days.
Those gains were short-lived, however, with markets taking a sharp turn lower after a round of weak economic data here at home.
- SEE MORE The 10 Best Stocks for a Bear Market
For starters, the Richmond Fed Manufacturing Index, which measures manufacturing activity
You’re reading a preview, subscribe to read more.
Start your free 30 days