AllPennyStocks.com Dow Falls for Third Day
AllPennyStocks.com

Dow Falls for Third Day

October 23,2024 12:01 pm EST

Dow Falls for Third Day

The Dow Jones Industrial Average continued its decline on Wednesday as Treasury yields rose, reflecting traders' concerns about higher-for-longer rates.

The 30-stock index plummeted 302 points to pause for lunch at 42,622.89

The S&P 500 fell 39.41 points to 5,811.79.

The NASDAQ stumbled 200.32 points, or 1.1%, to 18,372.81.

On the earnings front, shares of Coca-Cola dipped about 2% even though the company posted a third-quarter beat. Tesla also dipped roughly 1% ahead of its earnings scheduled for after the closing bell.

Dow member McDonald's fell more than 5% on Tuesday after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak tied to the fast-food giant's Quarter Pounder burgers has resulted in 10 hospitalizations and one death.

Prices for the 10-year Treasury lost ground, raising yields to 4.22% from Tuesday's 4.20%. Treasury prices and yields move in opposite directions.

Oil prices sank 95 cents to $70.79 U.S. a barrel.

Prices for gold fumbled $26.70 an ounce to $2.733.10 U.S.

Currencies

Other Penny Stock Movers

Battery Company Moving Higher Following LOI for Joint Venture
 Read More
Uptrending Stock Continues Dominance Following Major Purchase Order Fulfillment
 Read More
French Biotech Stock Soars On Regulatory Updates
 Read More
Most Popular
1
Acquisition Of 80-Megawatt Bitcoin Mining Facility Causes Massive Buying Pressure
2
Battery Company Moving Higher Following LOI for Joint Venture
3
Biotech Shares Rip Following Collaboration Announcement For Monkeypox Research
4
Junior Miner Trading Higher on Reorganization Plans
5
High grocery and rental costs plaguing Canadians, new survey finds
6
Minimum wage of some temporary foreign workers set to change


Back to Top
Site Links:
Premium Services / Email Newsletter:
Social Media:
RSS Feed:
Partners:
© Copyright 2024 AllPennyStocks.com Media Inc. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes.
Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Data is provided by QuoteMedia.com.
© Copyright 1999 – 2024. AllPennyStocks.com Media Inc.
All rights reserved.