Stock Market Today: Dow, S&P 500, and Nasdaq Fluctuate; AI Influence from Apple and Nvidia
Tuesday, 10 September 2024, 02:38
Analyzing Market Trends Amid Recession Fears
U.S. stock futures were wavering Tuesday after the previous day's rally. The launch of Apple's new iPhone did not boost technology stocks linked to the artificial-intelligence trend.
Market Performance Overview
- Dow Jones Industrial Average futures fell by 11 points.
- S&P 500 futures showed a rise of 0.1%.
- Nasdaq 100 futures remained flat.
Apple shares were stable in after-hours trading following the iPhone 16 release, which boasts artificial-intelligence capabilities. Historically, Apple stock tends to drop post-launch.
Key Economic Indicators and Political Developments
- Presidential candidates Kamala Harris and Donald Trump will debate important issues.
- Investors anticipate inflation data from the consumer market.
- Producer-price numbers will be released on Thursday.
With the benchmark 10-year Treasury yield at 3.712%, the market's response to these crucial factors remains tentative.
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.