{"id":45598,"date":"2021-05-11T04:41:40","date_gmt":"2021-05-11T00:41:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=45598"},"modified":"2021-05-11T04:41:44","modified_gmt":"2021-05-11T00:41:44","slug":"wall-street-closes-lower-amid-tech-sell-off","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/wall-street-closes-lower-amid-tech-sell-off\/05\/11\/market-updates\/","title":{"rendered":"Wall Street Closes Lower amid Tech Sell-Off"},"content":{"rendered":"\n<p>The main indices of the New York Stock Exchange (NYSE) closed lower on Monday, due to increased selling pressures by Wall Street investors who projected concerns about a rise in inflation.<\/p>\n\n\n\n<p>After opening higher and shortly hitting a new intraday record high, the Dow Jones Industrial Average lost all of its gains and turned to the negative side, falling by about 35 points, or 0.1%, to close at 34,742.82 points, after rising as much as 35,091 earlier.<\/p>\n\n\n\n<p>Meanwhile, the S&amp;P 500 lost 44.17 points, or 1.04%, to end the session at 4,188.43 points.<\/p>\n\n\n\n<p>As for the Nasdaq Composite Index, it plunged by 350.38 points, or 2.55%, to finish at 13,401.86 points. The index was pressured by a tech sell-off and large losses by blue chip listed tech stocks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The main indices of the New York Stock Exchange (NYSE) closed lower on Monday, due to increased selling pressures by Wall Street investors who projected concerns about a rise in inflation. After opening higher and shortly hitting a new intraday record high, the Dow Jones Industrial Average lost all of its gains and turned to &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6862],"class_list":["post-45598","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=45598"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45598\/revisions"}],"predecessor-version":[{"id":45599,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45598\/revisions\/45599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32680"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=45598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=45598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=45598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}