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

Oil Rebounds Sharply as Iran Denies Talks, Supply Risks Intensify

Oil prices surged in Asian trading on Tuesday, rebounding strongly after the previous session’s steep …