Wall Street today: Megacaps drag down US stocks, Treasury yields rebound

At the opening bell, the Dow Jones Industrial Average fell 65.4 points, oregon 0.17%, to 38818.9. The S&P 500 fell 18.7 points, oregon 0.36%, to 5168.98, portion the Nasdaq Composite dropped 106.5 points, oregon 0.65%, to 16226.067.

US Treasury yields rebounded connected Wednesday. 

Crude oil

Oil prices fell connected Wednesday arsenic crude and substance inventories successful the US rose.

Brent crude futures fell 97 cents, oregon 1.2 per cent, to $82.19 a tube by 1240 GMT. US West Texas Intermediate crude futures mislaid 93 cents, oregon 1.2 per cent, to $77.45 a barrel.

Bullion

Gold prices were level connected Wednesday.

Spot golden was level astatine $2,315.98 per ounce by 1127 GMT. US golden futures was down 0.01 per cent to $2,324.00 per ounce.

Spot metallic fell 0.1 per cent to $27.24 per ounce. 

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Published: 08 May 2024, 07:23 PM IST