Muichiro.T
Active member
There is Britain divide in Wall Street with smaller stocks and other sectors of earlier no significance on the rise even as the Big Tech stocks slump. A drop by 0 was also registered in the S&P 500 index. Three percent in morning trading after sliding 3. 3% in the previous session and the Dow Jones Industrial Average advanced 0. Five and the Nasdaq composite fell by 1 percent. 1%. A decline in the big technology, especially Nvidia and the “Magnificent Seven”, the index was dragged down, even though three-quarter of the S&P 500 stocks advanced. A good economic growth outlook cabinet dispels recession worries and lifted small shares, including the Russell 2000 index that increased by 1. 1%. In the bond market the 10-year Treasury yield narrowing down unfavorable affects stocks further. Shares of Hasbro and IBM went up as the two companies posted robust quarterly earnings while on the other hand, Ford plummeted after the company posted low profits. World markets also fell down, because of the problems related to profit margins and interest rates.