US stocks waded in the red on Wednesday, after a spike in Treasury yields unsettled investors already weighing whether recent data will shift the needle on interest rates. The benchmark S&P 500 fell more than 0.7%, while the Dow Jones Industrial Average drifted about 1% lower, shedding over 400 points and leading the indexes down. The Nasdaq Composite declined about 0.6%.
The 10-year yield is back above the key 4.5% level, trading around 4.62% Wednesday, its highest level since early May. Those concerns appeared to be eclipsing the hopes for AI growth that lifted the Nasdaq to a record in the slipstream of Nvidia's post-earnings rally. Nvidia stock rose for a fourth straight day on Wednesday to close at a record high.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »
Stock market today: Stocks edge higher after biggest wipeout for Dow in a yearRenewed concerns over the path of interest rates had prompted the Dow's worst day since March 2023.
ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »
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