US equities closed lower on Thursday, with the Dow Jones down 0.9% at 53’885 as it snapped a five-session run of record closes, the S&P 500 off 0.2% at 7’710 and the Nasdaq Composite down 0.1% at 26’348. Beneath the headline the session was worse than it looked: the equal-weight S&P 500 fell 0.5%, the […]
US equities staged a broad recovery on Thursday, the S&P 500 closing at 7’438 (+1.7%), the Nasdaq Composite at 25’122 (+2.8%) and the Dow Jones at 52’208 (+1.2%), as softer growth and inflation data eased fears that the Federal Reserve would need to tighten further. Semiconductors led the rebound, one day after the Nasdaq-100 had […]
Thursday was a risk-off session concentrated in mega-cap technology and rate-sensitive names rather than in the broad market. The S&P 500 fell 1.2% to 7’408, the Nasdaq Composite 2.2% to 25’138 and the Dow Jones 1.0% to 51’712, while the equal-weighted S&P 500 lost only 0.4% and the Russell 2000 0.7%, placing the damage squarely […]
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