US stocks end in red; Nasdaq pulls back from record high

30/10/2024 Argaam Exclusive

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Most US stock indices fell by the end of Oct. 30 trading session, as investors digested corporate earnings results released so far and awaited more economic data and financial reports from major players in the technology sector.

The Dow Jones Industrial Average dropped 0.20%, or 91 points, to 42,141 points.

 

Similarly, the S&P 500 retreated 0.35%, or 19 points, to 5,813 points. The Nasdaq Composite index fell 0.55%, or 104 points, to close at 18,607 points, after touching a record high of 18,758 points during the session.

 

In the European markets, the STOXX Europe 600 index sank 1.25 % to 511.51 points. The decline followed a negative performance in most sectors, led by technology stocks, which fell by about 2.4%.

 

The UK’s FTSE index declined 0.75% to 8,159 points, Germany’s DAX lost 1.15% to close at 19,257 points, and France’s CAC fell 1.1% to 7,428 points.

 

Japan’s Nikkei index rose 0.95%, or 373 points, to 39,277 points, while the broader Topix index rose 0.80% to 2,703 points.


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