EEM - Asia Market Mixed Europe Up While Crude Oil Moves Above $80 - Global Markets Today While US Slept | Benzinga
On Wednesday, March 13, U.S. markets closed mixed, as the S&P 500 and Nasdaq declined, with investors selling off-chip stocks in anticipation of producer price data and inflation insights before next week’s Fed meeting.
In economic data, U.S. mortgage applications saw a 7.1% uptick in the week concluding on March 8, in contrast to the 9.7% surge observed in the week prior.
The S&P 500 mostly ended higher, led by the energy, materials, and utilities sectors, while information technology and real estate sectors underperformed, closing lower.
The Dow Jones Industrial Average gained 0.10% to close at 39,043.32. The S&P 500 declined 0.19%, ending the ...