US Stock Market Performance Analysis: Comprehensive Review of Major Indexes on Tuesday, 4/30/2024

The post US Stock Market Performance Analysis: Comprehensive Review of Major Indexes on Tuesday, 4/30/2024 appeared on BitcoinEthereumNews.com. U.S. stocks have ended the month of April with significant losses, marking the worst performance since September. The S&P 500, Dow Jones Industrial Average, and Nasdaq composite all experienced drops, with the S&P 500 falling 1.6%, Dow Jones dropping 1.5%, and Nasdaq sinking 2%. These losses were further exacerbated by rising Treasury yields and larger than expected gains in worker pay and benefits, which have led to reduced expectations for Federal Reserve interest rate cuts this year. U.S. stocks suffer significant losses in April, marking the worst month since September. Rising Treasury yields and increased worker pay contribute to market instability. U.S. Stock Market Experiences Worst Month Since September U.S. stocks have closed out April with significant losses, marking the worst month since September. The S&P 500 fell 1.6% on Tuesday, pulling it further from its record set at the end of March. The Dow Jones Industrial Average dropped 1.5%, and the Nasdaq composite sank 2%. Rising Treasury Yields and Worker Pay Increase Pressure on Stocks Treasury yields rose again, increasing the pressure on stocks. A report showed workers won bigger gains in pay and benefits during the start of the year than expected. Such hotter-than-expected data has diminished traders’ expectations for how many times the Federal Reserve may cut interest rates this year. Stock Index Performance Details On Tuesday, the S&P 500 fell 80.48 points, or 1.6%, to 5,035.69. The Dow Jones Industrial Average fell 570.17 points, or 1.5%, to 37,815.92. The Nasdaq composite fell 325.26 points, or 2%, to 15,657.82. The Russell 2000 index of smaller companies fell 42.12 points, or 2.1%, to 1,973.91. Weekly and Yearly Performance For the week, the S&P 500 is down 64.27 points, or 4.2%. The Dow is down 423.74 points, or 5%. The Nasdaq is down 270.08 points, or 4.4%. The Russell…

May 5, 2024 - 07:00
 0  55
US Stock Market Performance Analysis: Comprehensive Review of Major Indexes on Tuesday, 4/30/2024

The post US Stock Market Performance Analysis: Comprehensive Review of Major Indexes on Tuesday, 4/30/2024 appeared on BitcoinEthereumNews.com.

U.S. stocks have ended the month of April with significant losses, marking the worst performance since September. The S&P 500, Dow Jones Industrial Average, and Nasdaq composite all experienced drops, with the S&P 500 falling 1.6%, Dow Jones dropping 1.5%, and Nasdaq sinking 2%. These losses were further exacerbated by rising Treasury yields and larger than expected gains in worker pay and benefits, which have led to reduced expectations for Federal Reserve interest rate cuts this year. U.S. stocks suffer significant losses in April, marking the worst month since September. Rising Treasury yields and increased worker pay contribute to market instability. U.S. Stock Market Experiences Worst Month Since September U.S. stocks have closed out April with significant losses, marking the worst month since September. The S&P 500 fell 1.6% on Tuesday, pulling it further from its record set at the end of March. The Dow Jones Industrial Average dropped 1.5%, and the Nasdaq composite sank 2%. Rising Treasury Yields and Worker Pay Increase Pressure on Stocks Treasury yields rose again, increasing the pressure on stocks. A report showed workers won bigger gains in pay and benefits during the start of the year than expected. Such hotter-than-expected data has diminished traders’ expectations for how many times the Federal Reserve may cut interest rates this year. Stock Index Performance Details On Tuesday, the S&P 500 fell 80.48 points, or 1.6%, to 5,035.69. The Dow Jones Industrial Average fell 570.17 points, or 1.5%, to 37,815.92. The Nasdaq composite fell 325.26 points, or 2%, to 15,657.82. The Russell 2000 index of smaller companies fell 42.12 points, or 2.1%, to 1,973.91. Weekly and Yearly Performance For the week, the S&P 500 is down 64.27 points, or 4.2%. The Dow is down 423.74 points, or 5%. The Nasdaq is down 270.08 points, or 4.4%. The Russell…

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow