Stock market today: Most of Wall Street slips as S&P 500 stays on track for worst week since April
==========
On September 5, 2024, most U.S. stocks fell, with the S&P 500 down 0.3% for a third consecutive drop, and the Dow Jones Industrial Average losing 219 points (0.5%). The Nasdaq composite rose 0.3% due to gains from Tesla and other Big Tech stocks. Economic data showed U.S. companies slowed hiring, but fewer workers filed for unemployment benefits. A report indicated stronger growth in finance and health care sectors. The Federal Reserve is expected to cut interest rates to protect the job market. The 10-year Treasury yield eased to 3.73%. Old Dominion Freight Line's stock fell 4.9% due to weak revenue trends, while Tesla rose 4.9% after announcing AI developments. JetBlue Airways increased by 7.2% after raising revenue forecasts.
#StockMarket #S&p500 #DowJones #EconomicData #FederalReserve #Tesla #Jetblue #TreasuryYields #Unemployment #Investors
https://www.oaoa.com/local-news/stock-market-today-most-of-wall-street-slips-as-sp-500-stays-on-track-for-worst-week-since-april/
Odessa American
npub1gj…3z7sm
2024-09-05 21:24:30 UTC
Author Public Key
npub1gj4aqtl8v7gj76wz2qwg97avcftr0dqek3e3gj0lhcxpjddh5a0q83z7smSeen on
wss://relay.mostr.pubPublished at
2024-09-05 21:24:30 UTCEvent JSON
{
"id": "410cbdfbab222118853c354e89a820e830da033552577df05e161a6dd996a941",
"pubkey": "44abd02fe767912f69c2501c82fbacc25637b419b4731449ffbe0c1935b7a75e",
"created_at": 1725571470,
"kind": 1,
"tags": [],
"content": "Stock market today: Most of Wall Street slips as S\u0026P 500 stays on track for worst week since April\n==========\n\nOn September 5, 2024, most U.S. stocks fell, with the S\u0026P 500 down 0.3% for a third consecutive drop, and the Dow Jones Industrial Average losing 219 points (0.5%). The Nasdaq composite rose 0.3% due to gains from Tesla and other Big Tech stocks. Economic data showed U.S. companies slowed hiring, but fewer workers filed for unemployment benefits. A report indicated stronger growth in finance and health care sectors. The Federal Reserve is expected to cut interest rates to protect the job market. The 10-year Treasury yield eased to 3.73%. Old Dominion Freight Line's stock fell 4.9% due to weak revenue trends, while Tesla rose 4.9% after announcing AI developments. JetBlue Airways increased by 7.2% after raising revenue forecasts.\n\n#StockMarket #S\u0026p500 #DowJones #EconomicData #FederalReserve #Tesla #Jetblue #TreasuryYields #Unemployment #Investors\n\nhttps://www.oaoa.com/local-news/stock-market-today-most-of-wall-street-slips-as-sp-500-stays-on-track-for-worst-week-since-april/",
"sig": "67308f27a0a544d98e891dbb6edf74045d0b1315c4888326d8142a15d7f44d7b0d3e060ae50d80e63d14e9877b5aba88d2de7e2f11f82043de3c049bdf0869fc"
}