US stocks were mixed on Wednesday, seesawing the day after a steep sell-off fueled by worries about economic growth. The S&P 500 fell around 0.2% while the tech-heavy Nasdaq Composite fell about 0.3%. Meanwhile, the Dow Jones Industrial Average closed about 0.1% higher. Stocks had begun the week with a sharp pullback as Nvidia shares slumped, an indication that faith in the AI boom that has driven much of this year's gains is seeping out of the market.
In an up-and-down trading session on Wednesday, stocks appeared to turn positive after fresh data showed further signs of the labor market cooling, prompting bond yields to fall and investors to ramp up their hopes for more extensive interest rate cuts in 2024. Data showed job openings fell to 7.67 million in July, the lowest level since January 2021.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Stock market today: S&P 500, Nasdaq rise as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
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.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
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.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Stock market today: S&P 500, Nasdaq slump as Nvidia struggles ahead of earningsStocks 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.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »