New York Stocks Close Mixed; Dow Falls 0.21%... Wait-and-See Sentiment Amid Concerns over Inflation Data
3 Articles
3 Articles
On the 26th (local time), the three major New York stock indices closed mixed as they took a breather. Investors refrained from hasty trading ahead of the earnings announcement by Nvidia, a leader in the global semiconductor market. Furthermore, as the rise in U.S. inflation shows no signs of abating, the possibility of a central bank interest rate hike has also emerged. On the New York Stock Exchange, the Dow Jones 30 Industrial Average fell 11…
The New York Stock Exchange closed lower today, following the release of new data on the course of inflation in the US, which were slightly higher than experts' forecasts. The Dow Jones industrial average closed down 113.52 points (-0.21%), at 53,463.88 points. The Nasdaq index, dominated by technology companies, closed down 21.10 points (-0.08%), at 26,130.19 points. The broader S&P 500 index, indicative of the general trend, closed with a marg…
On the 26th, the Dow Jones Industrial Average on the New York Stock Exchange fell for the first time in four trading days, closing down 113.52 points at 53,463.88. Selling orders dominated as US inflation data exceeded market expectations, increasing concerns about a US interest rate hike.
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