Recent Decrease in US Stock Indices Post Opening

Friday, 16 February 2024, 14:37

The major US stock indices have taken a downward turn shortly after the market opening, potentially jeopardizing their five-week winning streaks. The Dow Industrial Average and the S&P are holding steady, while the NASDAQ index is experiencing a decline. Additionally, the small-cap Russell 2000 is reacting to higher yields and showing a significant decrease.

US Stock Indices Decline

The major US stock indices are trading lower shortly after the market opens. The Dow Industrial Average and S&P remain stable, while the NASDAQ index is on a downward trend.

Market Snapshot:

  • Dow Industrial Average -151.53 points or -0.39% at 38621.60
  • S&P index -7.20 point or -0.1% at 5022.52
  • NASDAQ index -6.52 points or -0.04% at 15899.66

The Russell 2000 is also experiencing a decline due to higher yields, with a substantial drop of -17.12 points or -0.83% at 2043.93. For the trading week, the Dow, S&P, and NASDAQ are down, while the Russell 2000 is showing gains. US yields are also on the rise across different time frames.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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