Connect with us

Business

Dow Jones Futures: Split Market Rally Returns As Apple, Nvidia Lead Tech Sell-Off; Janet Yellen Backs Off Rate Hike Warning – Investor’s Business Daily

The market rally is split again as Apple led a tech sell-off. Treasury Secretary Janet Yellen hinted at Fed rate hikes.

Published

on

Article feature image
ADVERTISEMENT

Dow Jones futures were steady late Tuesday, along with S&P 500 futures and Nasdaq futures. The stock market rally technically was mixed Tuesday, but tech stocks suffered significant losses. Treasury Secretary Janet Yellen after the close tried to walk back earlier comments when she said interest rates may have to rise “somewhat.”
XThe Nasdaq tumbled intraday to its 50-day line while the Russell 2000 closed right at that key level. Trillion-dollars stocks Apple (AAPL), Amazon.com (AMZN), Microsoft…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Elon Musk shows humility and hubris as ‘SNL’ host – The Associated Press
Article feature image
Top U.S. fuel pipeline operator pushes to recover from cyberattack – Reuters
Article feature image
Florida reports more than 10,000 COVID-19 variant cases, surge after spring break – ABC News