The Nasdaq and the S and P 500 retreated from their record-high levels to close Thursday with losses and ending their seven consecutive trading days of winning streak. The S and P 500 climbed to an all-time high level of 5,642.45 points during the session, but ended the day with a loss of 49 points, or 0.88%, at 5,594.54. The Nasdaq also reached to a new record of 18,671.07 points in the day, but finished the session with a massive decline of 364 points, or 1.95%, at 18,283.41. The Dow Jones industrial average, on the other hand, was up 32 points, or 0.08% to close at 39,753.75. The VIX volatility index, also known as the fear index, rose 0.54% to 12.92. The 10-year US Treasury yield lost 1.74% to 4.204%. The dollar index declined 0.55% to 104.47, while the euro rose 0.33% to $1.0866 against the greenback. Precious metals were in positive territory, with gold rising 1.8% to $2,412 per ounce and silver increasing 2% to $31.42. Oil prices were up around 1%, with global benchmark Brent crude at $85.67 and US benchmark West Texas Intermediate at $83.03. Source: Anadolu Agency
Nasdaq, S&P 500 retreat from record highs to end 7-day streak
News For
RECENT POSTS
Geadi Demands Equal Treatment for Cypriot MEPs at EU-Turkey Meeting
October 20, 2026
Cyprus-Greece-Israel Electricity Project Completion Delayed to 2031
October 20, 2026
EU Parliament Approves Enhanced Passenger Rights Regulations
October 20, 2026
Cyprus Showcases FinTech Potential at US Blockchain Summit
October 20, 2026
Cyprus and France Formalize Cultural Cooperation Agreement
October 20, 2026