Why Are US Stock Market Up Today? Dow Jones Surges 600 Points, Nasdaq Down 1.40%, S&P 500 Edges Higher as Oil Surge, Treasury Yields Falls & Fed Rate Hike Outlook - Check What Investors Should Know
India, Oct. 15 -- US stocks performed unevenly on October 15th despite increases in the Dow Jones as the technology sector saw losses. The Dow was trading at 51,768.33, gaining 146.85 points or 0.28% but the Nasdaq dropped 371.01 points or 1.39% to 26,321.86. The S&P 500 dropped 48.19 points or 0.62% to 7,670.75.
Traders were weighing inflation worries, the possibility for Fed rates changes, declining bond prices and AI fears. Nvidia shares continued to struggle among other chipmakers but consumer and health care stocks supported the blue chip index.
The latest session highlights a market increasingly divided between traditional defensive companies and growth-oriented technology businesses.
US Stock Market Today: Market Snapshot
US St...
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