Reported 4 months ago
The Dow Jones Industrial Average opened lower by over 300 points, with the Nasdaq Composite and S&P 500 also slipping. The market action is being monitored by Brad Smith and Seana Smith, focusing on Treasury yield movements following the latest GDP print. Yahoo Finance Senior Markets Reporter Jared Blikre compares the market indexes' weekly averages. Additionally, there is a mention of CRM Salesforce being a major drag on the Dow due to disappointing earnings, contributing to the market decline. Bond market movements and discussions on potential Fed rate cuts are also highlighted.
Source: YAHOO