US Stock Markets Today: S&P 500, Nasdaq Open Lower
Two of the three main Wall Street indices opened in the red on Thursday, with the broader index, S&P 500, down by 0.16% at 6,074.30 points and the tech-heavy Nasdaq Composite slipping 0.45% to 19,944.36 points.
The 30-stock Dow Jones Industrial Average was nearly flat at 44,168.66 at the opening bell.
Stocks like NVIDIA Corp. were down 2%, Amazon.com Inc. fell 0.53%, and Apple Inc. dipped 0.21%. Among the companies that rose in early trade were Coca-Cola Co., up 1.30%, and Microsoft Corp. which jumped 0.89%.
Among the 11 S&P 500 sectoral indices, five were trading higher, whereas six lagged against the previous day's close. The gains were led by the Real Estate, Information Technology and Energy Sector whereas the Healthcare, Utilities and Consumer Staples sectors were among the drags.
“I remain a bull, and continue to envisage a solid rally into year-end, particularly with the majority of this year's scheduled event risk - barring next week's FOMC decision - now out of the way, clearing the path to further upside,” said Michael Brown, a senior research strategist at Pepperstone Group Ltd. to Bloomberg.
As the US market opened, spot gold was lower 1.04% at $2,689.84, and Brent crude oil was trading 0.53% lower at $73.13.
The Bloomberg Dollar Index fell 0.1%, with the British pound changing slightly to $1.2762 while the Japanese yen fell 0.1% to 152.61 per dollar.
Bitcoin, the largest traded cryptocurrency, dipped 0.9% to $100,729.03.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
