Stock market today: Tech leads S&P, Nasdaq higher as bank stocks drag on Dow

US stocks closed mixed in a rollercoaster session on Tuesday as investors geared up for a looming consumer inflation report seen as crucial to determining the size of the first US interest-rate cut in years. The benchmark S&P 500 reversed earlier losses to finish the day about 0.5% higher. The tech-heavy Nasdaq Composite did the same, closing up roughly 0.9%. The Dow Jones Industrial Average recovered from steeper losses but still closed down 0.2%, or around 80 points.

The volatile moves follow Monday's sharp rebound, which saw the major gauges surge over 1% as investors went post-rout bargain hunting. Volatility is stalking the markets as investors waver between hopes for a hefty 0.5% rate cut from the Federal Reserve and worries about recession risks. August's consumer inflation reading on Wednesday should provide some clues after the monthly jobs report left the market guessing on just how much the central bank will cut rates.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market today: Dow closes at record high, S&P 500, Nasdaq slide as tech lagsStocks are eyeing a bid for fresh record highs after Jerome Powell made it crystal clear the Fed is ready to pivot to lowering rates in September.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-offWall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Dow, Nasdaq seesaw amid more soft jobs market dataLabor data is in focus as the prospect of rate cuts fails to offset growing doubts about the health of the economy.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia sharesThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: S&P 500, Nasdaq, Dow rise as wait for Powell beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Nasdaq edges higher, Dow drops as investors await key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »