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Asia And Europe Markets Recover While Crude Oil Slides - Global Markets Today While US Slept
On Wednesday, April 17, the U.S. stock markets ended lower amid dropping oil prices, cautious Federal Reserve comments, and geopolitical tensions despite mixed earnings. Tech stocks led the Nasdaq lower.
Economic data showed that U.S. crude oil inventories increased by 2.735 million barrels for the week ending April 12, a decrease from the 5.841 million barrel rise observed the week before.
Most S&P 500 sectors fell, with the largest declines in tech, real estate, and consumer discretionary, while utilities and consumer staples rose.
The Dow Jones Industrial Average declined 0.12% to close at 37,753.31. The S&P 500 fell 0.58%, ending the day at 5,022.21, while the Nasdaq Composite slid 1.15%, finishing the session ...