U.S. Daily Market Review
By X-blogger - on March 15, 2024The S&P-500 retreated today and was on track to end the week into a lower side.
Technology stocks came under pressure as inflation fears are still in the ahead of the Federal Reserve’s policy meeting next week.
The Dow Jones Industrial Average lost 210 points, or 0.5%.
The Nasdaq Composite fell 1%. The Nasdaq have shed 0.2% and 0.7%.
Shares of Amazon and Google-parent Alphabet also fell. Nvidia managed to recovery around 1%. The chipmaker has whipsawed this week as the markets are concerned with the stock’s valuation and profit figures.
Dollar General is dropped back on self-checkout as it tries to curtail retail theft across its stores. The company will remove self-checkout registers from 300 stores that have registered troubles.
US airline stocks are heading for the worst two-week falling pattern since October. This is the case of volatile fuel prices and rising issues with Boeing Co.
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