Friday, September 22

The Dow and Nasdaq have fallen, while Disney’s stock prices are decreasing.

Following a selloff in the previous session, stocks closed lower in softer conditions on Wednesday, further indicating their retreat. The declines of Tesla, Nvidia, and Broadcom resulted in an over1% drop for the Nasdaq Composite.

The summer saw the rise of natural-gas prices, which in turn helped the U.S. crude-oil benchmark reach a new high for 2023 due to international supply cuts and solid American fuel demand.

Disney’s streaming services experienced a surge in sales after the market closed, leading to shares rising. For more information on the markets, check out today’S top stocks.

The consumer-price index released tomorrow will provide investors with a new perspective on inflation. The data will align with projections for the Federal Reserve’s interest rate hikes.

At roughly 4 p.m. ET,

Stocks experienced a drop. The tech-focused Nasdaq and Moody’s downgrades of regional banks were the culprits behind the decline in all three major U.S. indexes.

The yield on government-bond prices remained relatively unchanged. On Tuesday, the 10-year U.S. Treasury yield fell to 4.011%, but this trend continued with an increase in bond prices.

The CSI 300 Index dropped by 0.3% after Chinese shares fell as the world’s second-largest economy entered deflation.

The recent results of WeWork caused a stock crash, with shares falling by 40% and doubts about the co-working’s ability to remain in business.

The U.S. dollar experienced a surge in oil prices, with West Texas intermediate contracts rising by 1.8% to $84.40 per barrel.

The Stoxx Europe 600 experienced a surge. Italian financial institutions recovered some of the significant losses from the previous day, as Rome partially abandoned its windfall tax proposal.

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