U.S. stocks close mixed October 1 as Nasdaq rises on rate-hike relief

  • U.S. stocks closed mixed on October 1, with the Nasdaq rising as economic data eased concerns about imminent rate hikes.
  • The Nasdaq gained 63.52 points, or 0.24%, to 26,861.06, while the S&P 500 fell 0.25% and the Dow dropped 0.86%.
  • MARA fell 5.79% and Riot Platforms 5.31% in Binance market data cited by PANews, while Intel gained 3.83%.

U.S. stocks ended mixed on October 1 after economic data eased concerns about imminent rate hikes, helping technology shares recover earlier-week losses. The Nasdaq Composite rose 63.52 points, or 0.24%, to 26,861.06, while the S&P 500 fell 19.3 points, or 0.25%, to 7,651.54 and the Dow Jones Industrial Average dropped 443.87 points, or 0.86%, to 50,906.05. Binance market data cited by PANews showed MARA and Riot Platforms among notable decliners, while Intel gained.

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U.S. stocks close mixed October 1 as Nasdaq rises on rate-hike relief - CoinPost Terminal