VWO - Asia and Europe Markets Dip; Crude Hits $80 While Gold Declines - Global Markets Today While US Slept | Benzinga
On Tuesday, May 28th, U.S. stock markets closed mixed, with the Nasdaq surpassing 17,000 for the first time, driven by a 7% surge in Nvidia that boosted other chip stocks, while the S&P 500 edged up slightly, and the Dow fell due to rising Treasury yields.
According to the economic data, the S&P CoreLogic Case-Shiller home price index rose 7.4% year-over-year in March, up from 7.3% in February, while the FHFA house price index increased by 0.1%, below the expected 0.5% gain.
Most S&P 500 sectors closed negatively, led by losses in industrials, healthcare, and financials. Meanwhile, information technology and energy stocks rose, with tech leading the gains.
The Dow Jones Industrial Average was down 0.55% and closed at 38,852.86. The S&P 500 rose 0.02%, ...