Stocks add to recent losses; yen flat after 2 1/2-mo high vs dollar

  • S&P 500, Nasdaq end lower; Dow ends higher
  • US oil prices settle higher
  • IBM shares jump following results

NEW YORK, July 25 (Reuters) – World stock indexes mostly fell in choppy trading Thursday, adding to losses after a tech-led selloff in the previous session, while the Japanese yen drifted near flat after reaching a 2 1/2-month high against the U.S. dollar.

U.S. megacap stocks were mostly in positive territory throughout afternoon trading before losing some ground by session’s end. Tesla (TSLA.O), opens new tab shares were last up 2%, while shares of Nvidia (NVDA.O), opens new tab were down 1.7%.
The small-cap Russell 2000 index (.RUT), opens new tab rose 1.3%.

“You could surmise there were some dip buyers coming in … just because of how…

Source link