US Stock Market Today: On Thursday, US shares were seen trading amid selling pressure on the back of rising crude oil prices and yields on Treasuries, along with fears of inflation. The S&P 500 index was seen declining by about 0.3% and the Nasdaq Composite index declined by about 0.5%. The DJIA index was also seen falling.
The market sentiment was seen as bearish as expectations of strong corporate results kept supporting shares despite higher energy prices and concerns over interest rates. FactSet anticipates that companies in the S&P 500 Index are likely to see 29.5% earnings growth in Q3.
US Stock Market Today Live: Market Snapshot
| Index | Latest Level | Change |
| Dow Jones | 51,035.93 | -143.94 (-0.28%) |
| Nasdaq | 27,414.02 | -124.67 (-0.45%) |
| S&P 500 | 7,778.34 | -23.19 (-0.30%) |
US Stock Market Today: Key Market Indicators
| Indicator | Latest | Change |
| Crude Oil | $92.25 | +4.50% |
| Brent Crude | $104.78 | +4.57% |
| Gold | $4,126.06 | +0.37% |
| DXY | 102.26 | +0.02% |
| US 10-Year Yield | 5.280% | -0.21% |
| Yen | 158.149 | +0.04% |
Stock Market Today: Global Market
| Market | Level | Change |
| FTSE | 10,482.42 | +0.23% |
| CAC | 7,748.40 | -0.27% |
| DAX | 24,976.00 | -0.51% |
| Nikkei 225 | 69,042.11 | -1.42% |
| Hang Seng | 23,785.79 | -1.43% |
| KOSPI | 6,625.93 | -2.62% |
| Straits Times | 5,412.96 | -3.49% |
S&P 500 Today
S&P 500 closed at 7,778, which is 0.30% lower than the previous figure and the index was seen trading at 7,781.21 previously; intraday high was 7,784.29 while low was 7,771.16. There are two competing factors that are affecting the index currently, first being earnings expectations, second being concerns regarding inflation, oil and interest rate.
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What Is Happening in the US Stock Market Today?
- The Dow, Nasdaq and S&P 500 are all lower.
- Crude oil prices have surged.
- Brent crude is trading above $104 per barrel.
- Yields on Treasuries are high.
- Fed statements are being followed by investors.
- Third quarter corporate earnings are gaining significance.
- Unemployment claims are another critical economic indicator.
Why Are Dow Jones Down Today?
Dow faces pressure over inflation and interest rates. It fell around 181 points or 0.4% following the opening bell. The higher price of oil is especially significant as the cost of energy may raise the expenses for both companies and consumers, which would complicate inflation cooling down and Fed’s decision on interest rates.
Why Is US Stock Market Down Today?
- Rising crude prices are increasing inflation fears.
- Treasury yields remain close to multiyear highs.
- Investors are concerned about additional Federal Reserve rate hikes.
- Technology and financial stocks remain sensitive to higher borrowing costs.
- Geopolitical tensions are adding another layer of uncertainty.
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