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Stock market today: Sensex fell 308 points, or 0.47 per cent, to end at 65,688.18 while the Nifty closed the day at 19,543.10, down 89 points, or 0.46 per cent.
On Wednesday, August 9, the U.S. markets closed lower, ahead of the monthly update on inflation for July due Thursday. Most sectors on the S&P 500 closed on a negative note, with information technology, consumer discretionary, and communication services stocks recording the biggest losses on Wednesday. The Dow Jones Industrial Average closed lower by 0.54% at 35,123.36 on Wednesday; the S&P 500 fell 0.70%, closing at 4,467.71; and the Nasdaq Composite slid 1.17%, ending the session at 13,722.02.
On Tuesday, August 8, the U.S. markets closed in the red after credit rating agency Moody's (NYSE: MCO) downgraded several banks, reigniting concerns about the soundness of U.S. banks and the economy. Eight of the S&P 500's eleven key sectors declined. While financials were undoubtedly among the top decliners, materials, and consumer discretionary sectors also played a significant role. Investors await the release of consumer and producer price index data for July later this week. The Dow Jones
On Tuesday, August 8, the U.S. markets closed in the red after credit rating agency Moody's (NYSE: MCO) downgraded several banks, reigniting concerns about the soundness of U.S. banks and the economy.
Stock market today: Sensex closed 149 points, or 0.23 per cent, higher at 65,995.81 while the Nifty closed the day at 19,632.55, up 62 points, or 0.32 per cent.