9 hours ago
US Stock Market Live: The Dow Jones Industrial Average opened lower on Friday, down 80 points. The S\&P 500 was slightly positive, edging up by 2 points, while the Nasdaq Composite gained 40 points in early trading.
US Stock Market Live: The Dow Jones Industrial Average has opened Friday's trading session on Wall Street in the red, trading 80 points lower. Meanwhile, S&P is just above the line at 2 points, and the Nasdaq Composite Index is up 40 points. Stocks had received a boost on Thursday as bond yields fell in anticipation of more rate cuts from the US Federal Reserve, after some disappointing macro data. However, the Federal Reserve chair warned that interest rates may remain higher for long as the economy navigates a period of heightened uncertainty, volatile inflation and persistent supply shocks. US President Donald Trump said that the US is set to receive huge amounts of FDI, at the conclusion of his trip to the Middle East.
