US closes in red with infrastructure in focus

Friday, 30. July 2021 22:00

Major stock indexes in the United States finished trading on Friday lower after the upper chamber of Congress delayed the vote on the $1 trillion infrastructure package. Meanwhile, the Federal Reserve's reverse repurchase operation volume surpassed $1 trillion for the first time. On data, Baker Hughes reported the number of active rigs fell to 488.

The Dow Jones Industrial Average dropped 0.42% at the closing bell. Caterpillar Inc. surrendered 2.73%. The Nasdaq 100 lost 0.59%, with Amazon.com Inc. tumbling 7.56%. The S&P 500 was down 0.54% as Newell Brands slid 9.07%.

The euro fell 0.21% against the dollar at 3:59 pm ET, selling for $1.18624.

Related Links: 
Author:
Breaking the News / MD