By Chibuike Oguh

NEW YORK (Reuters) – The New York Stock Exchange ended up in dispersed order on Thursday, during a volatile day, only the NASDAQ ultimately rising from the hollow of the day before withdrawal of bond yields, while the American House of Representatives approved the tax reform of President Donald Trump.

The Dow Jones index sold 1.35 points to 41,859.09 points.

The wider S&P-500 lost 2.60 points, or 0.04%, at 5,842.01 points.

The Nasdaq Composite advanced on its side of 53.09 points (0.28%) at 18,925.74 points.

Recent concerns about the public debt of the United States had increased bond yields and put Wall Street under pressure.

After having reached a peak since last February, the yield of ten -year US Treasury bills fell from 5.4 base points to 4.543%, offering a bowl of the equity market.

The House of Representatives, controlled like the Senate by the Republican peers of Donald Trump, approved the budgetary text to enable the US President to carry out his main promises of an electoral campaign.

However, this should increase the US public debt of 3.800 billion dollars over the next decade, according to data from the Budget Parliamentary Office, a non-partisan body of the Congress.

Investors are also concerned with the repercussions of customs duties set up by Donald Trump, both in imports and consumer prices.

“The market hates uncertainties, and there is always this question of the duty of customs which hangs,” commented George Young, executive manager of Villere & Co in New Orleans.

Eight of the eleven major sectors of the S&P-500 have finished the session in the red, in particular health and energy. Technologies and communication services have progressed.

On the values ​​side, note, several technological giants have recorded gains. Alphabet took 1.3%. Nvidia, Amazon and Tesla also ended up. Apple, on the other hand, sold 0.36%. Snowflake jumped more than 13% after raising its turnover forecast for the fiscal year 2026.

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(Written by Jean Terzian)

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