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
Today’s 30-year mortgage refinance rates cross 3% while 15-year fixed hold | May 13, 2021 – Fox Business
Article feature image
Why everyone from Elon Musk to Janet Yellen is worried about bitcoin’s energy usage – CNBC
Article feature image
Most People Are Thinking of Herd Immunity All Wrong – Slate