U.S. Stocks Move Modestly Lower After Early Upward Move
From Nasdaq: 2025-05-28 10:39:00
Stocks on Wall Street have turned negative after starting the day in positive territory, with the Dow down 41.27 points, the Nasdaq down 30.16 points, and the S&P 500 down 9.07 points. Traders are cautious ahead of Nvidia’s earnings release and uncertainty around Trump’s trade policies. The release of Federal Reserve meeting minutes is also awaited for insight on interest rates. Housing stocks are down 1.2%, while steel, telecom, and oil producer stocks are weak. Overseas markets are mixed, with treasuries giving back ground as yields rise to 4.479 percent.
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