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US Stock Market Today: Dow Jones falls 198 pts in early trade, S&P 500 holds 5,900; Apple shares dip to $225.5

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DJIA Index Today US Stock Market: U.S. stock benchmarks fell by around 0.5% on the previous day amid selling pressure in the technology, health and consumer discretionary sectors, although buying interest in energy and financial stocks supported some. In addition, Friday’s trading started weakly. Support and suppress negative aspects. Investors will be anticipating Fed Chairman Jerome Powell’s scheduled speech later in the day, with expectations for further interest rate cuts following the U.S. central bank’s widely anticipated move to cut its key lending rate by 25 bps this month. I was waiting for

The Dow Jones Industrial Average (DJIA) fell 197.5 points, or 0.5%, to 43,553.3, and the S&P 500 index fell 46.5 points, or 0.8%, to 5,902.7. The Nasdaq Composite Index, which has a high proportion of high-tech stocks, fell 255.3 points (1.3%) to 18,852.3 due to the decline in stocks such as Apple and Microsoft.

As of 8:20 p.m. India (9:50 a.m. New York time), the DJIA index was down 176 points to 43,574.9, the S&P 500 index was down 39.5 points to 5,909.7, and the Nasdaq Composite Index was down 220.1 points to 18,887.5. It became.

US Stock Market Today: Key Events and Headlines to Track

Federal Reserve Chairman Jerome Powell is scheduled to speak at around 1:30 a.m. Saturday, India time (3 p.m. Friday, New York time).

Here are some of the important events to track on Friday.

  • Speech by Federal Reserve Chairman Jerome Powell
  • US retail sales data
  • US trade data
  • US manufacturing data

Also read: Dalal Street Watch | Macro Data, Revenue, FII Activity and More Tracked

apple stocks

At the same time, Apple shares fell to the dollar, trading down $3, or 1.3%, at $225.2 per share.225.5 in the session so far.

Dow Jones Indices: Advancing and Declining Stocks

Amgen, Merck & Co., Amazon.com, Microsoft, Nvidia, Salesforce and Apple were among the hardest hit among the 16 companies that lagged the 30-scrip DJIA, dropping between 1.3% and 3.8%.

Meanwhile, Walt Disney Co., JPMorgan Chase & Co., Nike, Boeing Co. and Travelers Companies were among the top gainers, rising 0.7% to 3.5%.

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