- Analytics
- News and Tools
- Market News
- Global Stocks: U.S. stock indices traded mixed
Global Stocks: U.S. stock indices traded mixed
U.S. stock indices posted mixed results on Wednesday amid lower oil prices and Federal Reserve Chairwoman Janet Yellen remarks.
The Dow Jones Industrial Average declined 99.64 points, or 0.6%, to 15,914.74. The S&P 500 was almost unchanged at 1,851.86 (healthcare and technology were the only sectors to finish in the positive area with gains of 0.9% and 0.4% respectively). The Nasdaq Composite climbed 14.83 points, or 0.4%, to 4,283.59.
Janet Yellen admitted that financial conditions "have become less supportive to growth" and noted that the slowing economy of China had created risks. Nevertheless Yellen tried to defend the central bank's intension to raise rates and left the door open for further increases this year. Market participants are waiting for Yellen to speak to the Senate Banking Committee today.
This morning in Asia Hong Kong Hang Seng plunged 3.90%, or 753.17, to 18,535.00 after investors returned from a holiday. Analysts had expected a decline in Hong Kong stocks. Investors panicked amid ongoing declines in foreign stock markets and commodities.
Markets in mainland China and Japan are on holiday.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
