Saturday, August 1, 2026
HomeEconomyWall Street surrenders to a day of turmoil in the Dow Jones...

Wall Street surrenders to a day of turmoil in the Dow Jones and S&P 500 – Stock Exchange

Published on

North American stock markets closed lower, with investors digesting new data and waiting for more indicators to provide some indication regarding the likely direction of the Federal Reserve's monetary policy.

Major indices on the other side of the Atlantic lost ground. Despite the downward revision in US economic growth in the first quarter, other indicators point to strong economic activity, which negatively affects expectations that the central bank will cut interest rates this year.

Other data released on Thursday included US unemployment claims, which increased by 3,000 last week (compared to the previous week), to 219,000, a figure higher than the 218,000 expected by economists polled by Reuters.

Despite the increase in requests for this support, the number is still considered low, which means that the North American labor market remains strong – and for this very reason, the slowdown in GDP may not last, prompting the Fed to be cautious. In the future. Easing monetary policy this year.

The Dow Jones Industrial Average fell 0.86% to 38,111.48 points, while the Standard & Poor's 500 Index fell 0.60% to 5,235.48 points. The Nasdaq technology index recorded a decline of 1.08% to 16,737.08 points.

Shortly after the session opened, the development feed for the Dow Jones and S&P 500 indices experienced problems for about an hour and a half. [das 10:41 até pouco depois das 12:00 (menos cinco horas face a Lisboa)]But this did not affect stock trading. What happened was that the values ​​of the two indicators were not generated, but the problem was quickly resolved.

“The data feeds experienced an issue that suspended calculations for the S&P 500 and Dow Jones indices for a little over an hour. However, trading continued normally and individual stock prices were not affected,” CNBC quoted exchange operator CME Group as saying.

Investors are now awaiting US personal consumer spending data, which will be released tomorrow. Remember, this is the Fed's preferred inflation indicator.

Latest articles

Lionel Messi Reflects on Viral Baby Photos With Lamine Yamal Ahead of Historic World Cup Final

The upcoming FIFA World Cup final between Argentina and Spain will feature more than...

Stephanie White Applauds Caitlin Clark After Historic 45-Point Performance Leads Fever Past Storm

Caitlin Clark delivered one of the most remarkable performances in WNBA history, helping the...

Brandel Chamblee Criticizes Bryson DeChambeau Following Controversial British Open Penalty

The controversy surrounding Bryson DeChambeau at The Open Championship has quickly become one of...

Microsoft Reportedly Preparing New Round of Layoffs Affecting Less Than 2.5% of Workforce

Microsoft is reportedly planning another round of job cuts as major technology companies continue...

More like this

Lionel Messi Reflects on Viral Baby Photos With Lamine Yamal Ahead of Historic World Cup Final

The upcoming FIFA World Cup final between Argentina and Spain will feature more than...

Stephanie White Applauds Caitlin Clark After Historic 45-Point Performance Leads Fever Past Storm

Caitlin Clark delivered one of the most remarkable performances in WNBA history, helping the...

Brandel Chamblee Criticizes Bryson DeChambeau Following Controversial British Open Penalty

The controversy surrounding Bryson DeChambeau at The Open Championship has quickly become one of...