Stock Market Update
30-Apr-25 10:00 ET
Stocks open lower amid growth concerns
Dow -769.89
at 39757.73,
Nasdaq -497.23
at 16964.09,
S&P -124.53
at 5436.30
[BRIEFING.COM] The stock market opened lower across the board. Major equity indices show declines ranging from
Nine of the S&P 500 sectors are lower by more than 1.0%. The discretionary (-3.8%) and technology (-2.4%) sectors are among the weakest performers. The health care sector shows the slimmest loss, down 0.5%.
Earlier, Chicago PMI fell to 44.6 in April (Briefing.com consensus 46.0) from 47.6.
Personal income rose 0.5% in March (Briefing.com consensus 0.4%) and personal spending was up 0.7% (Briefing.com consensus 0.4%). The PCE Price Index was flat in March (Briefing.com consensus 0.0%) and the core-PCE Price Index was also flat (Briefing.com consensus 0.1%).
Pending home sales rose 6.1% in March (Briefing.com consensus -0.2%).
