[Breaking] New York Stock Market Ends Mixed After Volatility... Nasdaq Up 1.75%

[Asia Economy New York=Special Correspondent Joselgina] The three major indices of the U.S. New York Stock Exchange closed mixed on the 5th (local time), the first trading day after the Independence Day holiday.

On that day, the Dow Jones Industrial Average fell 0.42% from the previous close. The S&P 500 index, focused on large-cap stocks, rose 0.16%, and the Nasdaq index, centered on technology stocks, closed up 1.75%.

The New York Stock Exchange started the day lower due to fears of a recession but then rebounded, with the S&P 500 and Nasdaq indices turning positive.