U.S. stock markets showed a modest retreat on Friday after Thursday’s Fed-driven enthusiasm. The S&P 500 and Dow Jones Industrial Average hit record highs on Thursday, responding to the Federal Reserve’s significant interest rate cut. However, the upward momentum slowed as the week came to a close.
Dow Gains, S&P & Nasdaq Slide on April 19th: The US stock market indexes opened in a mixed fashion on Friday, as investors digested the fresh geopolitical tension and disappointing Netflix results. The Dow Jones Industrial Average (DJIA) opened marginally higher, by 26.6 points at the 37801.98 level. The S&P 500 and Nasdaq composite indexes
The Nasdaq and S&P 500 indexes erased all early gains in the afternoon session on Thursday and traded in the negative territory. The US markets opened higher on Thursday, as investors assessed quarterly earnings. The Dow Jones Industrial Average (DJIA) opened higher by 93.9 points at 37847.21, while the S&P 500 index made a positive