Stock Market News for Apr 11, 2024

Published on 11 Apr 2024 on Zacks via Yahoo Finance

Stock Market News for Apr 11, 2024

Wall Street closed sharply lower on Wednesday, in a broad-based slump. With inflation numbers coming in hot, investors became apprehensive about rate cuts getting delayed. Treasury yields rose significantly. All of the three major stock indexes ended in the red.

How Did the Benchmarks Perform?

The Dow Jones Industrial Average (DJI) fell 422.16 points, or less than 1.1%, to close at 38,461.51. Twenty-two components of the 30-stock index ended in negative territory, while eight ended in positive.

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