VWO - Geopolitical Tensions Weigh On World Markets Dollar Index And Gold Show Strength - Global Markets Today While US Slept | Benzinga
On Monday, April 15, the U.S. stock markets ended lower, wiping out initial gains fueled by a robust March retail sales report amid surging Treasury yields and escalating tensions between Iran and Israel.
As per economic data, U.S. retail sales rose by 0.7% in March after a 0.9% increase in February, while the NY Empire State Manufacturing Index improved to -14.3 in April from -20.9 the previous month.
The S&P 500 experienced its most significant percentage fall since January 31, despite the early uplift from encouraging retail figures.
All 11 major S&P sectors were down, with the interest-rate-sensitive real estate and utilities sectors being among the hardest hit.
The Dow Jones Industrial Average declined 0.65% to close at 37,735.11. The S&P 500 fell 1.20%, ending the day at 5,061.82, while the Nasdaq ...