Wall Street status: US stocks slides down by megacaps, while Treasury yields rise
On Wednesday, US Treasury yields increased again.
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Nasdaq
Nasdaq rises 2%; Microsoft and Alphabet witnesses great earnings; GIFT Nifty rallies
Tech stocks that released better-than-expected earnings reports were the main driver of the market advance. The equities increased by three to ten percent during trading.
GIFT Nifty dips, S&P 500 down by 1.7% in three days due to poor bank earnings
The Nasdaq Composite dropped 1.12 percent to 16,257.53 and the S&P 500 declined 1% to 5,147.24 at 9:30 pm IST. Additionally, the Dow Jones Industrial Average dropped to 38,141.86, or almost 1% less than before.
Nasdaq and Dow hits fresh height as US Fed keeps interest rates unchanged
At 9:00 p.m. Indian Standard Time, the FTSE was 1.93 percent higher at 7,886.80 while the CAC was up 0.26 percent at 8,182.85. At 18,136.44, the DAX had a 0.67 percent increase in trading.
US stocks falls prior to Fed market decision on rate cuts
The markets are focused on whether the Fed will continue to project three interest rate reductions in 2024, even though it is largely predicted that it will keep its current interest rate level.
Nasdaq fixes tech issue which delayed premarket trading for almost two hours
Almost two hours after premarket trading at the American stock exchange continued to struggle, Nasdaq announced on Monday that it had fixed the technical problem pertaining to connectivity.