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As of 12:10 PM EST, the U.S. stock market exhibited mixed trends today, with varying movements across major indices.
The S&P 500 was recorded at 5,899.12 USD, marking a decline of 0.17%. Conversely, the NASDAQ 100 Index demonstrated a modest gain, standing at 21,190.14 USD, with an increase of 0.08%.
Meanwhile, the Dow Jones Industrial Average Index experienced a slight dip, settling at 42,442.68 USD, as it was down by 0.20%. The NASDAQ Composite Index saw a marginal decrease, closing at 19,486.87 USD, reflecting a drop of 0.01%.
The major reason behind the decline of the major indices can be the speculations regarding President elect Donald Trump’s probable decision to impose national economic emergency, as per a CNN report.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.