US stocks fell on Thursday as weak economic data trickled in, despite better than expected Meta results and hints from the Federal Reserve of a September rate cut. The S&P 500 fell almost 1%, while the tech-heavy Nasdaq Composite erased earlier gains to drop more than 1% after closing Wednesday with hefty gains. The Dow Jones Industrial Average dropped almost 500 points, or 1.3%. The 10-year Treasury yield moved below the 4% level for the first time since February, hovering near 3.98%.
Stocks initially moved higher after Fed chair Jerome Powell bolstered the market's confidence in a September interest-rate cut, saying it "could be on the table." Traders mostly expect a 25-basis-point reduction, but bumped up bets on a 50-basis-point move after policymakers held rates steady.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Stock market news today: S&P 500, Nasdaq climb as Fed delivers and Meta jumpsStrong Meta results are keeping bullish tech hopes aloft after the Fed cemented bets on a September rate cut.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »
Stock market news today: S&P 500, Nasdaq futures climb as Fed delivers and Meta jumpsStrong Meta results are keeping bullish tech hopes aloft after the Fed cemented bets on a September rate cut.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »
Markets today: Stocks rise on Fed-friendly data as Meta jumps 10%Stocks rose after the latest economic figures signaled further cooling that will be key for the U.S. Federal Reserve to cut interest rates.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »
Stock market news today: Stocks rally after Fed decision, Nvidia surgesA tech revival is helping lift stocks, as investors digest the Federal Reserve's decision to hold interest rates steady.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »
Stock market news today: Stocks rally before Fed decision as Nvidia surgesA tech revival is helping lift stocks, with the Federal Reserve's rate decision on deck.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »
Stock market news today: Stocks rally before Fed as Nvidia surges 7%A tech revival is helping lift stocks, with the Federal Reserve's rate decision on deck.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »