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7/5, 10:00 PM (Source: TeleTrader)
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Dow Jones pares loses as Nasdaq soars over 1.6%

Markets on Wall Street saw a turbulent session on Tuesday, with the Dow Jones shrinking losses and the Nasdaq 100 and the S&P 500 turning positive near the end of the trading day.

Investors were also preparing for the release of the highlights of the last meeting of the Federal Open Market Committee, which is set to be published tomorrow. Meanwhile, news surrounding the British government and the major sell-off of crude oil prices marked the day so far.

The Dow Jones declined 0.42% or 129 points at the closing bell. On the other hand, the Nasdaq 100 soared by 1.68% or 194 points, and the S&P 500 increased by 0.16%. The euro tumbled 1.50% against the greenback to sell for 1.02664 at 3:59 pm ET.

Baha Breaking News (BBN) / ND