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Writer's pictureVavio
Sep 29, 20221 min read

U.S. stocks slide, but Nasdaq holds June lows

KEY POINTS:

  • Main U.S. indexes end sharply lower: Nasdaq down ~3%

  • All S&P 500 sectors red: utilities weakest group

  • Dollar, crude down; gold, bitcoin ~flat

  • U.S. 10-Year Treasury yield rises to ~3.77%


U.S. STOCKS SLIDE, BUT NASDAQ HOLDS JUNE LOWS (1605 EDT/2005 GMT)

Wall Street ended sharply lower on Thursday on worries that the Federal Reserve's aggressive fight against inflation could hobble the U.S. economy, and as investors fretted about a rout in global currency and debt markets.

Here is Thursday's closing snapshot:




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