Reported 2 days ago
In Thursday trading, U.S. stocks edged lower following a record close for the Nasdaq, with major tech stocks like Nvidia and Tesla contributing to the dip. The Treasury auction saw weaker interest, leading to a rise in bond yields. Economic data revealed increasing producer prices and a surge in jobless claims, indicating potential labor market weakness. Meanwhile, the European Central Bank lowered its deposit rate, impacting the euro's performance against the dollar.
Source: YAHOO