US Stocks End Lower On Friday, Asian Indices Under Pressure; Steady Start On D-Street Today?

US stock market ended lower on Friday amid profit-taking across the board.

The Dow Jones declined 333.59 points, or 0.77%, to 42,992.21, while the S&P 500 dropped 66.75 points, or 1.11%, to finish at 5,970.84. The Nasdaq Composite ended 298.33 points, or 1.49%, lower at 19,722.03.

For the week, the S&P 500 gained 0.7%, the Dow rose 0.36% and the Nasdaq added 0.75%.

Asian markets traded lower today tracking a fall in Wall Street on Friday, amid losses in technology shares. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2%, but is still 16% higher for the year.

Japan’s Nikkei 225 fell 0.21%, while the Topix traded around the flatline. South Korea’s Kospi declined 0.3%, while the Kosdaq dropped 0.41%.

Gift Nifty was trading around 23,986 level, a discount of nearly 6 points from the Nifty futures’ previous close, indicating a tepid start for the Indian stock market indices.

#stockmarketupdates #sensex #nifty #dalalstreetaction #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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