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The Dow rose just 15 points to narrowly break a 10-day losing streak, its worst in 50 years. The S&P 500 and the Nasdaq dipped again, with attention turning to Friday's PCE report.
US stocks were mixed on Friday, with the Nasdaq 100 slightly higher, the S&P 500 about flat, and the Dow Jones Industrial Average moving lower to hit a seven-day losing streak.
The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. On the losing end of Wall Street was U.S. Steel, which fell 8%.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a worse-than-expected revenue outlook. Tesla shares dropped 1.5% and climbing to record highs in the previous session.
The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [1] [2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the National Stock Exchange of India.
The Tadawul All-Share Index is a price index in which all stock corporations on the Tadawul Stock Exchange are listed. It reflects the development of the entire Saudi Arabian stock market. [ 1 ] The index level is determined exclusively based on share prices and is only adjusted for income from subscription rights and special payments.
The loss snapped a seven-day winning streak for the benchmark index. The Nasdaq composite, which is heavily weighted with technology stocks, fell 0.6%. Stock market today: Losses for Big Tech pull ...