The three major indices of US stocks recorded mixed performance at the close of the trading session on Tuesday, May 10th, as gains in technology stocks supported the Nasdaq Composite Index specialized in the technology sector, while the Dow Jones Industrial Average declined for the fourth consecutive session. \

Market fears of a possible global economic recession, in addition to the tightening of monetary policy from the US Federal Reserve, caused intense selling of US stocks in recent sessions, to test their lowest levels since March of last year, amid anticipation in the markets for inflation data that will be released in the US session today, Wednesday.

Expectations indicate a decline in inflation to 8.1 8.3% in April, compared to 8.5%, with a decline in the monthly reading to 0.2% from 1.2% in March, and that the core index, excluding food and energy prices, will decline to 6% from 6.5%, and therefore these numbers are expected to support US stocks rise.

The Dow Jones Industrial Average closed down by about (84) points at the close at 32.160 levels, a loss of about 0.26%, and is now trading in the futures for today’s session, Wednesday, at 32.172 levels, with gains of about 85 points.

While the S&P 500 index recorded highs at the close at 4.001 levels, an increase of about (9) points or 0.25%, and it is now trading in futures at 4.013 levels, up by about 15 points.

While the Nasdaq index recorded gains by (114 points) to close the session at 11.737 points, recording a profit of about 0.98%, and it is now trading in the futures at a rise of about 100 points.