Stock Market Update: Dow Jones, S&P 500, and Nasdaq in Focus Amid Recession Concerns

Tuesday, 10 September 2024, 02:38

Stock Market Today features Dow Jones falling while S&P 500 and Nasdaq show signs of recovery despite recession fears. Investors await key inflation data to influence market direction. Apple's new iPhone and upcoming Trump-Harris debate are also pivotal events impacting stocks.
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Stock Market Update: Dow Jones, S&P 500, and Nasdaq in Focus Amid Recession Concerns

Stock Market Overview

Stock Market Today highlights Dow Jones falling, with S&P 500 and Nasdaq showing resilience despite ongoing recession fears. On Tuesday morning, U.S. stock futures were fluctuating following Monday's rally.

Key Market Movements

  • Dow Jones Industrial Average futures dropped by 11 points, representing less than 0.1%.
  • S&P 500 futures increased by 0.1% while Nasdaq 100 futures rose slightly.

Apple's new iPhone 16, equipped with artificial intelligence, failed to boost technology stocks as shares remained relatively flat in after-hours trading.

Political Climate Impacting Markets

Key debates are on the horizon, with Kamala Harris and Donald Trump preparing for their first televised debate on hot-button issues like taxes and tariffs, potentially influencing economic outlooks.

Economic Indicators to Watch

Investors are keenly awaiting consumer inflation data set for release on Wednesday, with producer-price figures following on Thursday, to gauge the Federal Reserve's next moves on interest rates.

As of early Tuesday, the yield on the benchmark 10-year Treasury note was steady at 3.712%, maintaining the status from the previous day.


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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