How major US stock indexes fared Friday, 4/12/2024
Release time：2024-05-22 10:56:27 Source：Global Genesis news portal
U.S. stocks fell sharply following a mixed start to earnings reporting season.
The S&P 500 sank 1.5% Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its record. Worries about tensions in the Middle East rattled financial markets, and Treasury yields fell as investors looked for safer places for their money.
JPMorgan Chase was among the stock market’s heaviest weights after giving a forecast for a key source of income that was below analysts’ estimates. The pressure is always on companies to produce fatter profits. But it’s particularly acute now given expectations that interest rates may stay high for a while.
On Friday:
The S&P 500 fell 75.65 points, or 1.5%, to 5,123.41.
The Dow Jones Industrial Average fell 475.84 points, or 1.2%, to 37,983.24.
The Nasdaq composite fell 267.10 points, or 1.6%, to 16,175.09.
The Russell 2000 index of smaller companies fell 39.43 points, or 1.9%, to 2,003.17.
- Previous：New York's high court upholds requiring insurance to cover medically necessary abortions
- Next：State Supreme Court and Republican congressional primary elections top Georgia ballots
Related articles
- Russia begins nuclear drills in an apparent warning to West over Ukraine
- Married couple are charged with fraud after 'dine
- More than 1 in 4 US adults over age 50 say they expect to never retire, an AARP study finds
- Olympic tennis champion Belinda Bencic announces the birth of her daughter
- Adela Cernousek of Texas A&M wins NCAA individual golf title for first collegiate win
- Tennessee would criminalize helping minors get abortions under bill heading to governor
- Pascal Siakam leads resurgent Pacers offense in 125
- Heartbroken woman confronts her obsessed ex
- Devers sets Red Sox record by homering in his 6th consecutive game
- Four people in hospital after Household Cavalry horses' six
- Adela Cernousek of Texas A&M wins NCAA individual golf title for first collegiate win
- Grant Shapps swerves questions on whether Britain could follow the US by banning Chinese
- All rise! Former judge says 'pop
- Why AP called the Pennsylvania 12th District primary for Summer Lee
- US Open champ Coco Gauff urges young Americans to vote
- The family of imprisoned Belarusian opposition figure hasn't heard from her for over 400 days
- Artist who covered sports car with an ornamental doily is shortlisted for £25,000 Turner Prize
- Crown Princess Victoria of Sweden is the image of glamour in a flowing white gown
- Scheffler back to work at Colonial and Stricker returns to Senior PGA in Michigan
- Durek Verrett labels Princess Martha Louise of Norway his 'sun and moon'
Random recommendation
- Copyright © 2024 Powered by How major US stock indexes fared Friday, 4/12/2024 ,Global Genesis news portal sitemap