Pre-Market Report – Thursday 30 May: SPI Down 52 | BHP Pulls Anglo Bid
The Dow Jones Industrial Average fell 411.32 points, or 1.06%, to 38,441.54. The S&P 500 dipped 0.74% to 5,266.95, marking its first negative session of the last three. The Nasdaq Composite slipped 0.58% to 16,920.58, as Nvidia’s advance somewhat mitigated losses for the technology-heavy index.
All 11 sectors that comprise the broad S&P 500 retreated, underscoring the breadth of market weakness. More than 440 stocks in the index were lower on the day. 10 year Treasury yields jumped after another tepid Treasury bond auction.
ASX to fall. SPI Futures down 52 points (-0.68%).
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