Dow Jones Futures: S&P 500 Breaks Key Level On Fed Fears, Apple Woes; What To Do Now


Source: investors.com investors.com

Key Topics in this News Article:

News Snapshot:

Dow Jones futures tilted lower after hours, along with S&P 500 futures and Nasdaq futures. X The stock market suffered significant losses after the August ISM services index unexpectedly rose, pushing Treasury yields and Fed rate hike odds higher. The S&P 500 fell just below its 50-day moving average with the Nasdaq undercutting that key level intraday before just closing above it. The Dow Jones and Russell 2000 slid further below their 50-day lines. The S&P 500 and Nasdaq also are not far from the lows of their Aug. 29 follow-through day. Apple (AAPL), Nvidia (NVDA) and, to a lesser...