financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Wall St opens lower at end of turbulent week
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Wall St opens lower at end of turbulent week
Aug 9, 2024 7:06 AM

Aug 9 (Reuters) - Wall Street's main indexes opened

lower on the last day of a turbulent week, while Federal Reserve

officials' dovish signals following a report of a resilient

labor market kept losses in check.

The Dow Jones Industrial Average fell 38.4 points, or

0.10%, at the open to 39,408.06.

The S&P 500 fell 4.7 points, or 0.09%, at the open to

5,314.66​, while the Nasdaq Composite dropped 23.5

points, or 0.14%, to 16,636.522 at the opening bell.

(Reporting by Shubham Batra in Bengaluru; Editing by Shinjini

Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EMERGING MARKETS-Currency index hits all-time high in countdown to Fed rate verdict
EMERGING MARKETS-Currency index hits all-time high in countdown to Fed rate verdict
Sep 16, 2024
* EM stocks touch more than one-week high * Polish insurer PZU shares hit by massive floods * South African rand hits over one-week high * EM FX up 0.2%, stocks add 0.4% By Ankika Biswas Sept 16 (Reuters) - Steady risk appetite propelled an emerging market currency index to a record high on Monday as investors were convinced that...
Futures kick off Fed meeting week on cautious note
Futures kick off Fed meeting week on cautious note
Sep 16, 2024
(Reuters) - U.S. stock index futures were flat to slightly higher on Monday as caution prevailed ahead of a pivotal monetary policy decision by the Federal Reserve later in the week, with investors pricing in a steep reduction in borrowing costs. Ever since Fed Chair Jerome Powell hinted at an upcoming rate cut late last year, markets have embarked on...
Crude Oil Prices Rise on Expectations U.S. Interest-Rate Cut Is Coming This Week
Crude Oil Prices Rise on Expectations U.S. Interest-Rate Cut Is Coming This Week
Sep 16, 2024
05:01 AM EDT, 09/16/2024 (MT Newswires) -- Crude oil prices rose on investor anticipation for a U.S. interest-rate cut this week, but ongoing demand concerns limited the gains. Brent crude rose 0.5% to US$71.97 per barrel and West Texas Intermediate crude gained 0.7% to US$69.13/b at last look early on Monday. In the previous session, both benchmarks fell as supply...
Euro zone government bond yields edge down, Fed in focus
Euro zone government bond yields edge down, Fed in focus
Sep 16, 2024
Sept 16 (Reuters) - Euro zone government bond yields edged lower on Monday as investors awaited the Federal Reserve rate decision in a week packed with central bank policy meetings. Markets expect the Fed to start its easing cycle, while the Bank of England and the Bank of Japan are considered likely to hold. Money markets fully priced 25 basis...
Copyright 2023-2026 - www.financetom.com All Rights Reserved