U.S. Stocks Opened Lower on Wednesday; IREN Jumped 4% as It Plans an 800 MW Data Center Campus in South Australia
Tiger Newspress06-03 21:30
The Dow Jones Industrial Average fell on Wednesday as oil prices and Treasury yields moved higher amid worries the U.S.-Iran conflict could keep lifting inflation.
The 30-stock average pulled back 236 points, or 0.4%. The S&P 500 traded just below the flatline, and the Nasdaq eked out a small gain.
Iren shares rose 4% in market trading after the company announced a data center campus in Australia.
The data center owner and operator said it has signed a transmission connection agreement to support a planned 800-megawatt data center campus in Bundey, South Australia. The project marks Iren's first Australia data center project and one of the biggest of its kind in the Asia-Pacific region.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
