On Thursday, the Dow Jones index closed 179 points lower as investors gauged the evolving Middle East conflict and a downturn in the software sector.
Meanwhile, the 10-year Treasury bond yields stood at 4.316%, and the two-year bond was at 3.831% at the time of writing. The CME Group’s FedWatch tool‘s projections show markets pricing a 99.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in April.
Index
Performance (+/-)
Dow Jones
-0.20%
S&P 500
-0.028%
Nasdaq 100
0.56%
Russell 2000
-0.16%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in pre-market on Friday. The SPY was up 0.21% at $709.82, while the QQQ surged 0.75% to $656.40.
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Stocks In Focus
Intel
Intel Corp. (NASDAQ:INTC) reported better-than-expected first-quarter results and issued second-quarter guidance above estimates. INTC shares surged 22.64% in pre-market trading.
INTC maintains a strong price trend over the short, medium, and long terms, as per Benzinga’s Edge Stock Rankings.
SAP SE
SAP SE (NYSE:SAP) reported better-than-expected results in the ...
