Advertisement
Singapore markets closed

  • Straits Times Index

    3,313.48
    +8.49 (+0.26%)
     

  • Nikkei

    38,787.38
    -132.88 (-0.34%)
     

  • Hang Seng

    19,553.61
    +177.08 (+0.91%)
     

  • FTSE 100

    8,420.26
    -18.39 (-0.22%)
     

  • Bitcoin USD

    66,847.02
    +1,596.04 (+2.45%)
     

  • CMC Crypto 200

    1,365.13
    -8.71 (-0.63%)
     

  • S&P 500

    5,303.27
    +6.17 (+0.12%)
     

  • Dow

    40,003.59
    +134.21 (+0.34%)
     

  • Nasdaq

    16,685.97
    -12.35 (-0.07%)
     

  • Gold

    2,423.00
    +37.50 (+1.57%)
     

  • Crude Oil

    79.96
    +0.73 (+0.92%)
     

  • 10-Yr Bond

    4.4200
    +0.0430 (+0.98%)
     

  • FTSE Bursa Malaysia

    1,616.62
    +5.51 (+0.34%)
     

  • Jakarta Composite Index

    7,317.24
    +70.54 (+0.97%)
     

  • PSE Index

    6,618.69
    -9.51 (-0.14%)
     

Etsy stock falls on slowing sales and consumer spending

Julie Hyman and Josh Lipton

Shares of Etsy, Inc. (ETSY) are falling in Thursday's trading session, as the company reported a drop in gross merchandise sales for the first quarter. The e-commerce platform saw its gross merchandise figures decrease by over 3%, a setback driven by weakening consumer spending.

Market Domination's Julie Hyman and Josh Lipton review the latest movements in Etsy stock ahead of Thursday's market close.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Angel Smith and updated by Luke Carberry Mogan.