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Main indexes of world stocks

20 February 2023 10:48 (UTC +04:00)

The S&P 500 ended lower on February 17, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes, APA reports citing Reuters.

The S&P 500 declined 0.28% to end the session at 4,079.09 points.

The Nasdaq fell 0.58% to 11,787.27 points, while Dow Jones Industrial Average rose 0.39% to 33,826.69 points.

For the week, the S&P 500 fell 0.3%, the Dow lost 0.1% and the Nasdaq climbed 0.6%.

The S&P 500 has gained about 6% so far in 2023, while the Nasdaq has rebounded about 13% following deep losses last year.

Moderna Inc <MRNA.O> fell 3.3% after its experimental messenger RNA-based influenza vaccine delivered mixed results in a study.

Deere & Co (DE.N) surged 7.5% after the world's largest farm equipment maker raised its annual profit and beat quarterly earnings expectations.

Lithium miners Livent Corp (LTHM.N), Albemarle Corp (ALB.N) and Piedmont Lithium Inc (PLL.O) slumped between 10% and 12% due to concerns about weakness in Chinese prices for the EV battery metal.

The most traded company in the S&P 500 was Tesla Inc , with $42.9 billion worth of shares exchanged during the session. The shares rose 3.10%.