Categories: Market

US stock market is in decline: Dow Jones is at its lowest level since May

class=”sc-29f61514-0 icZBHN”>

Unlike the Nasdaq, the Dow Jones hit its lowest level since May on Monday. (symbol image)

The focus has been on US bond market yields in particular, as yields on trend-setting ten-year bonds temporarily rose above five percent for the first time since 2007. When it came back a bit, US stock markets, which initially started out generally weak, stabilized.

At the same time, concerns continue to exist in the market that the Gaza war will escalate. Additionally, heading into the close of trading, the focus was already on major US technology companies that were due to file their quarterly reports later in the week.

The Dow Jones Industrial extended its 1.6 percent loss from last week and fell another 0.58 percent to 32,936.41 points. Thus, it closed at its lowest level since May. The market-wide S&P 500 index decreased by 0.17 percent to 4217.04 points. Nasdaq 100 index, which consists mainly of technology stocks, increased by 0.30 percent to 14,604.85 points.

(SDA)

Source :Blick

Share
Published by
Tim

Recent Posts

Terror suspect Chechen ‘hanged himself’ in Russian custody Egyptian President al-Sisi has been sworn in for a third term

On the same day of the terrorist attack on the Krokus City Hall in Moscow,…

1 year ago

Locals demand tourist tax for Tenerife: “Like a cancer consuming the island”

class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…

1 year ago

Agreement reached: this is how much Tuchel will receive for his departure from Bayern

class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…

1 year ago

Worst earthquake in 25 years in Taiwan +++ Number of deaths increased Is Russia running out of tanks? Now ‘Chinese coffins’ are used

At least seven people have been killed and 57 injured in severe earthquakes in the…

1 year ago

Now the moon should also have its own time (and its own clocks). These 11 photos and videos show just how intense the Taiwan earthquake was

The American space agency NASA would establish a uniform lunar time on behalf of the…

1 year ago

This is how the Swiss experienced the earthquake in Taiwan: “I saw a crack in the wall”

class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…

1 year ago