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Stocks Close Flat, Nasdaq Ends Week on Low

Stock indices show little change amidst concerns about interest rate hikes and inflation. Communication sector falls, while energy sector leads. U.S. Treasury yields decrease, but market still expects rate hike in December. Stocks near flatline, oil price rises. Investor sentiment affected by concerns about rate hikes.

by Terry Bingman
Sat, Aug 19, 2023 5:56am
in Stock Market
• 3 mins read
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Stocks Close Flat, Nasdaq Ends Week on Low | FinOracle

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Stock indices finished today’s trading session with little change. The S&P 500 (SPX) and the Nasdaq 100 (NDX) slipped 0.01% and 0.14%, respectively. On the other hand, the Dow Jones Industrial Average (DJIA) gained 0.08%.

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Tags: AIARBasis pointBrent CrudeCESConsumerDow JonesDow Jones Industrial AverageEUFlatlineFuture interestInflationInterest rateInvestorMarketMonetary policyNasdaqPotentialPricePrice of oilPricingRippleS&P 500SECStockStock marketUS
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