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Home»TRADING NEWS»Dow Jump 271 Points, S & P 500 is a victory march, NASDAQ SHEDS 0.18%
TRADING NEWS

Dow Jump 271 Points, S & P 500 is a victory march, NASDAQ SHEDS 0.18%

By Crypto FlexsMay 16, 20252 Mins Read
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Dow Jump 271 Points, S & P 500 is a victory march, NASDAQ SHEDS 0.18%
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The US stocks were mixed on Thursday, the S & P 500 rose 0.4%, recording four consecutive days, and the average DOW JONES industry rose more than 250 points.

NASDAQ composite won 0.2%to win six days.

After the US and China agreed to temporarily lower tariffs, the market provided slogans to investors on inflation and global growth due to buoys due to signs of trade tension.

In the April producer price index, the financial yield of 10 years dropped to 4.44%, down 0.5% a month.

In April, retail sales increased 0.1% depending on expectations, but much lower than the 1.7% surge in March. Industrial production, meanwhile, has declined slightly.

Wal -Mart raises price

Walmart said that the price will increase in response to tariffs, which will signal continuous pressure on retailers and consumers. Walmart shares have fallen 0.5% after suspending the current quarterly profit guidelines.

Technology stocks that led the market recently breathe. The meta platform fell 4% in the delayed reporting out -out report, while NVIDIA and Tesla remained at about 15% for a week.

Investors also expressed their opinions of Jerome Powell, chairman of the Federal Reserve Bank, which warned more fluctuating inflation due to the continuous global supply shock.

On the other hand, President Trump implied a trade agreement with India, raising hope for more economic tail winds.

In a prominent movement, Foot Locker has surged almost 86% after the merger of $ 2.4 billion with Dick’s sports products. Disadvantages, UNITEDHELTH said that it was almost 11% decreased following the report on Doj Proves, and the company was not officially notified.

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