The S&P 500 fell 0.16% to 6,644.31, Nasdaq dropped 0.76% to 22,521.70, and Dow Jones gained 0.44% to 46,270.46. Trade tensions between the U.S. and China led to market volatility, with fears of supply chain disruptions. Federal Reserve Chair Powell’s caution on rate cuts affected tech stocks, while Wells Fargo, Citigroup, and Caterpillar buoyed the Dow.
Powell’s comments and trade tensions affected tech stocks like Nvidia and Intel, while Wells Fargo, Citigroup, and Caterpillar supported the Dow. Investors are watching U.S.-China relations and inflation data for stability signs. The Motley Fool’s Stock Advisor team identified 10 top stocks for investors, excluding the S&P 500 Index. Their past recommendations have seen substantial returns compared to the S&P 500.
Read more at Nasdaq: Stock Market Today: Markets Drop Late as China Trade Tensions Rattle Investors
