Why is US Stock Market Down Today? Dow Jones Slips 300 Points, S&P 500 Falls 0.26%, Nasdaq Down 0.18% as Oil Risk Return, Bond Yields Rise & Fed Rate Hike in Focus - Check What Investors Should Know
India, Sept. 18 -- Is the US Stock Market Down Today: On Friday, September 18, US stocks decline due to concerns about high Treasury yields, the recent interest rate increase by the Fed, and uncertainty in the oil market and AI spending prospects. According to the most recently provided value at 20:03 IST, the Dow Jones Industrial Average lost 225.36 points to reach 51,552.68, which is a 0.44% fall from the previous day. In its turn, the S&P 500 dropped 16.27 points to 7,621.49, while the Nasdaq Composite lost 34.42 points to 26,383.88.
The correction was relatively small, but there are a number of opposing trends at work in the market environment and the yield on the 10-year Treasury bill rose to almost 5% level, while the impact of the...
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