U.S. Daily Market Review
By X-blogger - on March 25, 2024The Dow Jones Industrial Average are in red at the start of the new trading week.
The Dow Jones Industrial Average lost 118 points, or 0.3%. The S&P-500 fell 0.1%, while the Nasdaq Composite was little changed.
Crude oil futures advanced as Ukrainian drone strikes negatively impacted the Russian production abilities and the Kremlin orders output reductions to meet OPEC+ targets.
Shares of Intel led the market lower, with the semiconductor firm sliding 1% after The Financial Times reported that new China guidelines would cease Intel chips in government servers and computers.
United Airlines stock tumbled 4% after the Federal Aviation Administration announced that will require greater security measures after a series of safety incidents.
President Joe Biden’s re-election campaign will include massive fundraising event Thursday having leading figures from the entertainment industry, along with former presidents Bill Clinton and Barack Obama.
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