How major US stock indexes fared Friday, 4/12/2024
Release time：2024-05-21 14:50:50 Source：Worldly Wisdom news portal
U.S. stocks fell sharply following a mixed start to earnings reporting season.
The S&P 500 sank 1.5% Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its record. Worries about tensions in the Middle East rattled financial markets, and Treasury yields fell as investors looked for safer places for their money.
JPMorgan Chase was among the stock market’s heaviest weights after giving a forecast for a key source of income that was below analysts’ estimates. The pressure is always on companies to produce fatter profits. But it’s particularly acute now given expectations that interest rates may stay high for a while.
On Friday:
The S&P 500 fell 75.65 points, or 1.5%, to 5,123.41.
The Dow Jones Industrial Average fell 475.84 points, or 1.2%, to 37,983.24.
The Nasdaq composite fell 267.10 points, or 1.6%, to 16,175.09.
The Russell 2000 index of smaller companies fell 39.43 points, or 1.9%, to 2,003.17.
- Previous：'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Next：The government wants to buy their flood
Related articles
- Everybody may love Raymond, but Ray Romano loves Peter Boyle
- North China's Hebei launches new multimodal transport route to Central Asia
- Hayao Miyazaki's animated fantasy further leads Chinese box office
- Protection efforts lift crested ibis population
- Target to lower prices on basic goods in response to inflation
- Wang urges UK to take ties back on track
- Officials back warrants for HK fugitives abroad
- Revised rules to 'sharpen sword' in graft fight
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Development key to protecting human rights
- Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
- Hangzhou Xiaoshan International Airport opened a new direct route to Oceania
- Across China: Chinese people pay tributes to legendary ancestor
- Chinese FM mourns passing of renowned Japanese conductor Seiji Ozawa
- Four people killed in a house explosion in southwestern Missouri
- Ancient noble tomb found in east China's Jiangsu
- China Focus: Vibrant festival highlights cultural charm of various Chinese ethnic groups
- South China theater festival to showcase outstanding classics
- Four people killed in a house explosion in southwestern Missouri
- Xiplomacy: China, Nauru Gathering Momentum for Growth of Ties
Random recommendation
- Copyright © 2024 Powered by How major US stock indexes fared Friday, 4/12/2024 ,Worldly Wisdom news portal sitemap