Stock Market Update: Dow Gains While Nasdaq and S&P 500 Struggle Amid Rate Concerns

Reported about 23 hours ago

On Monday, the stock market closed mixed as the Dow Jones Industrial Average rose by 0.8% amid climbing Treasury yields and a strong dollar, while the Nasdaq and S&P 500 faced declines due to fading expectations for upcoming interest rate cuts. The S&P 500 managed a small gain of nearly 0.2%, while concerns over a stronger-than-expected jobs report led many tech stocks, including Nvidia and Apple, to post losses. Investors are focused on upcoming inflation reports that could influence future Federal Reserve policy.

Source: YAHOO

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