Dow falls, Nasdaq retreats from record high to start week: Live updates
Publishing timestamp: 2024-03-04 12:36:27
Summary
The Dow Jones Industrial Average retreated as traders took a break from the recent rally. Apple fell after being hit with a European Union antitrust fine, while Lyft shares climbed on an upgrade. Super Micro Computer and Deckers Outdoor rallied after being announced to join the S&P 500. JetBlue rose, while Spirit Airlines tumbled after ending merger plans. Investors are cautious about taking profits, and will look for clues on interest rates from the Federal Reserve this week. Stocks are moving in midday trading, with Macy's, Super Micro Computer, and Deckers Outdoor among the top movers. Oil prices held steady after OPEC+ extended production cuts. The Nasdaq 100 index has gone 302 days without a -2.5% down day, signaling some complacency. U.S. stock futures were flat after a record-setting week for the Nasdaq Composite.
Sentiment: MIXED
Tickers: COIN, AMD, SAVE, 9868-HK, M, LYFT, DASH, NVDA, .SPX, @DJ.1, AAPL, .RUT, .DJI, RIOT, @CL.1, JBLU, MU, SMCI, F, NVO, 1211-HK, MARA, CLSK, .NDX, @SP.1, IREN, DECK, MSTR, 9866-HK, .IXIC, @LCO.1, VKTX, 2015-HK, @ND.1, LLY,
Keywords: nasdaq composite, dow jones fut (mar'23), breaking news: markets, united states, investment strategy, markets, micron technology inc, apple inc, wall street, super micro computer inc, nasdaq 100 fut (mar'23), s&p 500 fut (mar'23), spirit airlines inc, jetblue airways corp, nvidia corp, business news, s&p 500 index, lyft inc, advanced micro devices inc, breaking news: investing, deckers outdoor corp, stock markets, dow jones industrial average, jerome powell,
Source: https://www.cnbc.com/2024/03/03/stock-market-today-live-updates.html