Home / Market Update / Global Stock Market / S&P 500 and Dow Jones Retreat Amid Lower Financial Stocks

S&P 500 and Dow Jones Retreat Amid Lower Financial Stocks

The S&P 500 and the Dow Jones fell slightly at the opening trades on Friday, as financial stocks dropped after the US Federal Reserve’s decision to allow the exemption from some requirements related to bank debts to expire.

The Dow Jones Index fell 3.9 points, or 0.01%, to 32,858.36. The S&P 500 Index decreased by 2.3 points, or 0.06%, to 3,913.14 points.

The Nasdaq Composite Index rose 3.7 points, or 0.03%, to 13,119,901 points.

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …