#StockMarket #MarketTrends #FinancialNews
As I follow the stock market today, I’m seeing some significant trends and updates. The Dow Jones Industrial Average is down 200 points, or 0.6%, at 33,500. The S&P 500 is also down 0.7% at 4,200, while the Nasdaq Composite is off 1.1% at 12,800.
One of the biggest movers today is $AAPL, which is down 2.5% after a report indicated that the company is facing supply chain issues. $MSFT is also down 1.8% as investors react to news about its cloud computing business.
In economic news, the latest jobs report shows that the unemployment rate has dropped to 3.5%. This has led to a mixed reaction in the market, with some investors seeing it as a positive sign for the economy and others worrying about potential inflation.
I’ll continue to monitor the market and provide updates throughout the day.
Original Article: https://www.cnbc.com/2024/08/01/stock-market-today-live-updates.html
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