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Small movements on the stock exchange in the USA

Published: 02 October 2024
Small movements on the stock exchange in the USA
Photo: Mark Lennihan/AP/TT

Trading was cautious on the American stock exchange on Wednesday, possibly due to concerns about what is to come in the Middle East with the escalating conflicts between Israel and Iran.

The leading indexes did not move significantly. The broad S&P 500 closed unchanged, while both the Dow Jones industrial index and the technology-heavy Nasdaq rose 0.1 percent.

Yields on the bond market rose after a report showed that more jobs than expected were created among private companies in September. The yield on the 10-year government bond rose to 3.78 percent, compared to 3.73 percent late on Tuesday.

Among individual companies, Caesars Entertainment rose 5.3 percent after the casino chain announced a share repurchase program worth $500 million, equivalent to 5.1 billion kronor.

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By TTThis article has been altered and translated by Sweden Herald

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