Dow Jones falls 198 pts in early trade, S&P 500 holds 5,900; Apple shares dip to $225.5

DJIA Index US Stock Market Today: US equity benchmarks started Friday's league connected a anemic note, connected apical of losses to the tune of fractional a per cent the erstwhile day, amid selling unit successful technology, wellness and user discretionary spaces, though buying involvement successful vigor and fiscal stocks lent immoderate support, keeping the downside successful check. Investors awaited Federal Reserve Chair Jerome Powell's code owed during the people of the time for cues successful the backdrop against hopes of much complaint cuts aft the US cardinal bank's widely-anticipated determination to trim the cardinal lending rates by 25 bps this month. 

The Dow Jones Industrial Average (DJIA) fell arsenic overmuch as 197.5 points, oregon 0.5 per cent, to 43,553.3 portion the S&P 500 mislaid 46.5 points, oregon 0.8 per cent, to 5,902.7. The exertion stocks-heavy Nasdaq Composite shed 255.3 points, oregon 1.3 per cent, to 18,852.3, amid weakness successful stocks similar Apple and Microsoft. 

At 8:20 p.m. successful India (9:50 americium successful New York, USA), the DJIA scale was down 176 points astatine 43,574.9, the S&P 500 down 39.5 points astatine 5,909.7 and the Nasdaq Composite down 220.1 points astatine 18,887.5.

US Share Market Today: Key events & headlines to track

Federal Reserve Chairman Jerome Powell is scheduled to talk astatine astir 1:30 americium India clip connected Saturday (3 p.m. successful New York, Friday).

Here are immoderate of the cardinal events to way connected Friday. 

• Fed Chair Jerome Powell speech
• US retail income data
• US commercialized data
• US manufacturing data

ALSO READ: Dalal Street Watch | Macro data, earnings, FII activity, different things to track

Apple Shares

At the aforesaid time, the Apple banal was trading little by $3, oregon 1.3 per cent, astatine $225.2 per share, having declined to arsenic debased arsenic $225.5 during the league truthful far. 

Dow Jones Index: Top gainers & losers 

Amgen, Merck & Co, Amazon.com, Microsoft, NVIDIA, Salesforce and Apple were the worst deed among the 16 laggards successful the 30-scrip DJIA, trading betwixt 1.3 per cent and 3.8 per cent lower. 

On the different hand, Walt Disney, JPMorgan Chase, Nike, Boeing and Travelers Companies, trading betwixt 0.7 per cent and 3.5 per cent higher, were the apical gainers.

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