Dow falls 100 points Tuesday as traders brace for key U.S. inflation report: Live updates
Publishing timestamp: 2024-04-09 13:54:00
Summary
The Dow Jones Industrial Average pulled back as investors awaited key U.S. inflation data. Tech stocks were negative, with Nvidia dropping 3%. The market is worried about the Federal Reserve's commitment to lowering interest rates. The March consumer price index report is expected to show a 0.3% increase in inflation. Manufacturing sector may still face challenges. Gold prices hit a record high for the eighth straight trading session. European stocks were slightly lower. South Korea's Samsung Electronics is set to receive $6.6 billion in subsidies from the U.S. government for expanding its chip output in Texas.
Sentiment: MIXED
Tickers: FCX, MAA, @CL.1, NSC, HYU-FF, AEO, @ND.1, @GC.1, .DJI, NFLX, BA, CPT, GOOGL, .IXIC, @LCO.1, NVDA, @DJ.1, AMZN, .SPX, META, TAP, @SP.1, EQR,
Keywords: breaking news: markets, business news, economic events, stock markets, netflix inc, s&p 500 fut (mar'23), s&p 500 index, nvidia corp, nasdaq composite, dow jones fut (mar'23), prices, nasdaq 100 fut (mar'23), dow jones industrial average, united states, meta platforms inc, amazon.com inc, markets, alphabet inc,
Source: https://www.cnbc.com/2024/04/08/stock-market-today-live-updates.html