Wall Street is in red FinanceAffairs.com

Wall Street is in red  FinanceAffairs.com

There is a vision of calm on Wall Street. The S&P 500 finished weaker for the third straight day as the market's rally slowed.

This is how the leading indicators performed:

  • The Dow Jones index fell 0.08 percent to 39,282.80 points.
  • The Standard & Poor's 500 index fell 0.28% to 5,203.33 points.
  • The Nasdaq index fell 0.42 percent to 16,315.77 points.

The VIX volatility index fell 0.68 percent to 13.10.

The ten-year US Treasury bond yield closed at 4.26 percent, down 5 basis points during the day.

movements

There was a mixed mood among Wall Street's tech giants. So it was with Facebook, Amazon, Apple, Netflix, and Alphabet (parent company of Google), also known as FAANG stocks:

  • Facebook shares fell 1.32 percent to 496.38 points.
  • Amazon shares fell 0.76 percent to 178.35.
  • Apple shares fell 0.64 percent to 169.75.
  • Netflix shares rose 0.34 percent to 629.58.
  • Alphabet shares rose 0.40 percent to 150.67 points.

A variety of US stocks rose on Tuesday. Tesla shares rose 3 percent after suffering this year.

Seagate Technology shares rose 8 percent after a positive upgrade from Morgan Stanley on optimism about artificial intelligence.

Krispy Kreme stock rose just over 40 percent after the donut retailer announced it would expand its partnership with McDonald's. The hamburger giant will sell Krispy Kreme products in all of its US restaurants by the end of 2026. The phase-in will actually begin during the second half of 2024.

oil

A barrel of Brent North Sea oil fell by 0.81 percent and closed at $85.38 per barrel. West Texas Intermediate crude fell 0.59% to $81.48 per barrel.

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encryption

At the time of the close on Wall Street, Bitcoin was trading up 0.39% to $69,703.

Ethereum is down 1.52 percent and is trading at $3,573.47 USD at closing time.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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