Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap How major US stock indexes fared Tuesday, 4/16/2024 !

How major US stock indexes fared Tuesday, 4/16/2024

Time:2024-04-30 15:37:21 source:Stellar Spectacle news portal

Most U.S. stocks slipped as Treasury yields climbed again on rising expectations that interest rates may stay high for a while.

The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite fell 0.1%.

UnitedHealth helped support the market after jumping on a stronger-than-expected profit report. But the majority of stocks weakened after two top officials at the Federal Reserve warned it may not cut interest rates for a while after inflation reports this year came in worse than expected. The two-year Treasury yield briefly climbed as high as 5% before paring its gain.

On Tuesday:

The S&P 500 fell 10.41 points, or 0.2%, to 5,051.41.

The Dow Jones Industrial Average rose 63.86 points, or 0.2%, to 37,798.97.

The Nasdaq composite fell 19.77 points, or 0.1%, to 15,865.25.

The Russell 2000 index of smaller companies fell 8.23 points, or 0.4%, to 1,967.48.

Related information
  • Horoscope today: Daily guide to what the stars have in store for YOU
  • Xinhua Headlines: China's carbon reduction drive creates more green jobs
  • China, U.S. should work together in same direction to stabilize, improve bilateral relations
  • Hostile intention hides in US “support” for WHO
  • Hamas official says no agreement with Israel if war continues in Gaza
  • Xi presents order to promote military officers to rank of general
  • Grain reserve base project under construction in Qinhuangdao, north China's Hebei
  • Endless War
Recommended content
  • FAU's Vladislav Goldin to join Dusty May at Michigan, pulls name out of NBA draft
  • Jointly mapping out new blueprint for global biodiversity conservation
  • Griezmann scores 2 as Atletico Madrid beats Girona 3
  • Evil tactics to demonize fight against virus
  • Former teacher at New Hampshire youth detention center testifies about bruised teens
  • A ticking bomb