S&P 500 Drops 0.5 Percent
The S&P 500 index fell by 7.10 percent during market trading. David Kelly, chief global strategist at JPMorgan, noted that inflation may hit 4 percent by this summer. The market movement occurs amid discussions regarding central bank interest rate decisions. Kelly stated there is no excuse for interest rate cuts given the upward inflation trend. The NASDAQ is down 1.3% alongside the S&P 500 decline. The American market is losing more than 1.5 percent in the high-tech segment, while the S&P 500 is down 0.8 percent. Continental European indicators are losing over 0.5 percent, and London is down 0.15 percent. The Moscow Exchange index has returned to 2,702 points. The Nasdaq also fell by 1.3% following reports of slowing growth at OpenAI. The S&P 500 fell 0.5 percent as markets pulled back from recent records.
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Sources · 7 independent
“The Dow is barely up like 13 points. That is less than 10%. The S&P 500 is down 7.10%. NASDAQ down 1.3%.”
“The S&P 500 is down 7.10%. NASDAQ down 1.3%. I definitely think that with inflation still heading upwards, maybe hitting 4% by this summer, there really is no excuse for cutting at this point.”
“NASDAQ down 1.3%.”
“500 is down 7.10%. NASDAQ down 1.3%.”
“The S&P 500 is down 7.10%. NASDAQ down 1.3%. The Dow is barely up like 13 points.”
“the American market is losing more than one and a half percent in the high-tech segment, the S&P 500 index minus zero point eight, continental European stock indicators are losing more than half a percent.”
“the s&p 500 losing seven tenths of 1% That nasdaq doing even worse down by 1.3%”
“標準普爾500指數報7120點 跌53點”
“the S&P down 35 pulling back from a record down 5 tenths of 1 percent. The Dow little changed down under one tenth of one percent and has stacked today down by just about nine tenths of one percent.”
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