Nasdaq Today LIVE: Index Falls 0.29% as Treasury Yields Rise & Oil Prices Climb; Walmart Earnings, Nvidia, Apple & Fed Rate Outlook In Focus | Check Top Gainers-Losers & What Investors Should Watch
India, Aug. 20 -- The Nasdaq Composite fell 0.29% on Thursday as renewed gains in U.S. Treasury yields weighed on Wall Street sentiment, while rising oil prices added to inflation concerns. Investors also assessed Walmart's latest earnings, moves in major technology stocks including Nvidia and Apple, and the Federal Reserve's interest-rate outlook. The latest market moves come as investors remain focused on whether persistent inflation pressures and elevated borrowing costs could keep the Federal Reserve's monetary policy tighter for longer.
Index Falls As Treasury Yields Rise
The Nasdaq Composite declined 0.29% in the latest Reuters market update. The broader U.S. stock market also moved lower, with the Dow Jones Industrial Average dow...
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