Thursday Stock Market Update
The Dow Jones Industrial Average, S&P 500 , and Nasdaq Composite fell on Thursday.
- The Dow Jones Industrial Average fell 153.07 points or 0.46 percent, to close at 32,862.30.
- The S&P 500 fell 58.66 points or 1.48 percent to close at 3,915.46.
- The Nasdaq Composite gained 409.03 points or 3.02 percent to close at 13,116.17.
“Risk of rates rising too fast remains a key concern,” said Craig Johnson, technical market strategist at Piper Sandler. “Buying pressure has not been equal over the last several weeks as growth stocks lag behind due to headwinds from higher interest rates.”
On Friday keep an eye out for:
- BoJ Press Conference
- Heico Corp. Oracle Corp. Japan and others report earnings.