Saturday, October 16, 2021

US markets end near flat in a choppy trade

US markets ended near flat in a choppy trade on Tuesday as expectations about Federal Reserve policy meet outcome kept a lid on the market. So, the Dow Jones Industrial Average fell 51 points, or 0.2%, to 33,920. The S&P 500 lost 4 points, or 0.1%, to 4,354. And the Nasdaq Composite added 33 points, or 0.2%, to 14,746.

Shares of Walt Disney fell 4.2% and were the biggest factor behind the decline in the S&P 500 and Dow after the company’s CEO Bob Chapek said the resurgence of Delta variant has impacted the production of some of its films.

Concerns over China Evergrande Group have put investors on edge and added to recent worries over economic growth from the Delta variant. Investors are also waiting for the outcome of this week’s Fed meeting for further direction.

- Advertisement -
Latest news

Indo-US joint training exercise- EX YUDH ABHYAS-21 commences at Joint Base Elmendorf Richardson in Alaska

The 17th Edition of Indo- US joint training exercise - EX YUDH ABHYAS-21 commenced at Joint Base Elmendorf Richardson in Alaska on Friday. 300...

Nehru Yuva Kendra Sangathan will collect 5,17,020 kg of garbage till culmination of Clean India Programme

In Maharashtra, Nehru Yuva Kendra Sangathan State Director Prakash Kumar Manure on Saturday said that the organisation would collect 5,17,020 kilograms of garbage and...

Former PM Manmohan Singh diagnosed with dengue, gradually improving: AIIMS  

Former Prime Minister Dr. Manmohan Singh has been diagnosed with dengue at All India Institute of Medical Sciences, New Delhi. AIIMS officials said, his...

British lawmaker David Amess stabbed to death in terrorist incident, say police

British Police investigating the murder of a Conservative lawmaker is treating the case as a terrorist incident. Sir David Amess was stabbed multiple times...
Related news

Indo-US joint training exercise- EX YUDH ABHYAS-21 commences at Joint Base Elmendorf Richardson in Alaska

The 17th Edition of Indo- US joint training exercise - EX YUDH ABHYAS-21 commenced at Joint Base Elmendorf Richardson in Alaska on Friday. 300...

Nehru Yuva Kendra Sangathan will collect 5,17,020 kg of garbage till culmination of Clean India Programme

In Maharashtra, Nehru Yuva Kendra Sangathan State Director Prakash Kumar Manure on Saturday said that the organisation would collect 5,17,020 kilograms of garbage and...

Former PM Manmohan Singh diagnosed with dengue, gradually improving: AIIMS  

Former Prime Minister Dr. Manmohan Singh has been diagnosed with dengue at All India Institute of Medical Sciences, New Delhi. AIIMS officials said, his...

British lawmaker David Amess stabbed to death in terrorist incident, say police

British Police investigating the murder of a Conservative lawmaker is treating the case as a terrorist incident. Sir David Amess was stabbed multiple times...