Nasdaq Today LIVE: Index Rises 0.19% To 26,117 As Investors Track Fed Rate Outlook, Economic Data & Market Risks | Check What Investors Should Watch
India, Aug. 21 -- The Nasdaq Composite opened higher on Friday, August 21, recovering after a sharp sell-off in the previous session as investors assessed the Federal Reserve's interest-rate outlook, rising Treasury yields, oil prices and broader geopolitical risks. The tech-heavy index was recently up 0.19% at 26,117, according to the market levels cited in the day's trading update.
The modest rebound comes after Wall Street suffered a broad sell-off on Thursday. Reuters reported that the Nasdaq fell 1% in the previous session, while the S&P 500 dropped 0.87% and the Dow Jones Industrial Average declined 1.32%.
Nasdaq Today: Index Attempts To Recover After Sharp Sell-Off
U.S. stocks rebounded on Friday, but the recovery remained cauti...
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