Copyright indiatimes
APWall Street Today. US Stock Markets are falling on Thursday as investors pore over another batch of earnings reports from U.S. companies. S&P 500 dropped 1 per cent. The Dow Jones Industrial Average fell 449 points, or 1 per cent. The Nasdaq composite fell 1.6 per cent.Technology stocks were the heaviest weights on the market, especially companies with huge values that give them outsize influence over the broader market's direction. Nvidia fell 2.4 per cent and Microsoft slipped 1.9 per cent. Amazon fell 2.6 per cent.Corporate earnings and forecasts have been the big focus all week. The latest round of results and statements from executives could help shed some light on the condition and path ahead for the economy amid a lack of broader information on inflation, employment and retail sales because of the ongoing government shutdown.DoorDash sank 15.1 per cent for one of the sharpest drops on Wall Street. The food delivery app warned investors that it will be spending significantly more on product development next year.Software company Datadog jumped 21.1 per cent after its latest earnings beat analysts' forecasts. Rockwell Automation rose 4.8 per cent after turning in results that easily beat analysts’ forecasts.Live EventsIt has been a wobbly week for major indexes, which set record highs last week. The broader stock market has had a record-setting year, but that has raised worries that stocks could be overvalued. Those concerns are even more focused on big technology companies that have been leading the market higher amid the focus on artificial intelligence advancements.The latest round of earnings is being closely monitored to gauge whether the stock market’s big values are justified. The results are also helping to fill in gaps in information because of the U.S. government shutdown, which is now the longest on record.The U.S. government shutdown is having a direct impact on airlines, as airports face critical staffing problems. The Federal Aviation Administration will reduce air traffic by 10 per cent starting Friday across 40 “high-volume” markets. American Airlines fell 2.4 per cent, Delta Air Lines fell 1.8 per cent and United Airlines fell 2.7 per cent.FAQsQ1. Why have Treasury yields lowered?A1. Treasury yields moved lower in the bond market. The yield on the 10-year Treasury fell to 4.09 per cent from 4.16 per cent late on Wednesday. The yield on the two-year Treasury fell to 3.56 per cent from 3.63 per cent late on Wednesday.Q2. What are three indexes of US Stock Market?A2. Three indexes of US Stock Market are S&P 500, Dow Jones, and Nasdaq.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onS&P 500 Dow Jones Nasdaq down todaywhy is the stock market down todaywhy is the market down todaywhy are stocks down todaystocks todayS&P 500Dow JonesNasdaq (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onS&P 500 Dow Jones Nasdaq down todaywhy is the stock market down todaywhy is the market down todaywhy are stocks down todaystocks todayS&P 500Dow JonesNasdaq(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless Explore More Stories123
