Wall Street drops as Apple, Tesla weigh on indexes
2 years ago

Wall Street drops as Apple, Tesla weigh on indexes

Live Mint  

Wall Street's main indexes fell on the first trading day of the year following declines in Apple and energy stocks, with investors awaiting the Federal Reserve's meeting minutes for further clarity on the path of future interest rate hikes. Most of the major S&P 500 sectors were in the red, with information technology stocks pulled lower by a 3% drop in the shares of iPhone maker Apple Inc following a report of a rating downgrade by Exane BNP Paribas. The main U.S. stock indexes ended 2022 with their steepest annual losses since 2008 against the backdrop of the Fed's fastest pace of rate hikes since the 1980s. Investors on Wednesday will closely monitor the minutes of the Fed's December policy meeting, when the central bank raised interest rates by 50 basis points after four back-to-back 75-bps hikes and signaled rates could stay higher for a while.

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How major US stock indexes fared Tuesday, 12/31/2024
Trending News
1 week, 1 day ago

How major US stock indexes fared Tuesday, 12/31/2024

Associated Press  

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite lost 0.9%. Big Tech …

Wall Street today: US stocks rise on final day of bullish 2024
Trending News
1 week, 1 day ago

Wall Street today: US stocks rise on final day of bullish 2024

Live Mint  

Wall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to …

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
1 week, 2 days ago

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year

Associated Press  

Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The stock market’s record-breaking turn in 2024 was “certainly much better that what most people on Wall Street, myself included, thought we would get this year,” said Sam Stovall, chief investment strategist at CFRA. Receding inflation, …

Wall Street drifts to a mixed close in thin trading after Christmas pause
2 weeks ago

Wall Street drifts to a mixed close in thin trading after Christmas pause

LA Times  

The Standard & Poor’s 500 index slipped less than 0.1% on Thursday, its first loss after three straight gains. Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level …

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
2 weeks, 2 days ago

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%

Live Mint  

US stocks were mixed on Monday, as a stopgap government funding bill averted a partial shutdown. At 11:07 a.m. the Dow Jones Industrial Average fell 247.19 points, or 0.58 per cent, to 42,593.07 and the S&P 500 lost 5.47 points, or 0.09 per cent, to 5,925.38. At 09:45 am ET, the Dow Jones Industrial Average fell 132.48 points, or 0.32 …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 weeks ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling
3 weeks, 1 day ago

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling

Live Mint  

US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve's interest rate decision following strong retail sales data. At 9:41 am ET, the Dow Jones Industrial Average fell 231.55 points, or 0.53 per cent, to 43,487.22, the S&P 500 lost 28.68 points, or 0.47 per cent, to 6,045.40 and the Nasdaq Composite lost 97.40 points, or …

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again
3 weeks, 2 days ago

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again

Associated Press  

NEW YORK — U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. Nvidia, the superstar stock that’s been a big reason for Wall Street’s run to repeated records this year, fell 1.2% to weigh on the market. Like the overall U.S. market, Nvidia’s stock had climbed so much that critics warned expectations …

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

Associated Press  

NEW YORK — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The market’s main event, though, …

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

LA Times  

The New York Stock Exchange is shown behind the statue titled “Fearless Girl” on Dec. 12, 2024. U.S. stock indexes drifted amid mixed trading Monday ahead of this week’s meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
3 weeks, 6 days ago

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting

Live Mint  

Wall Street today: The US markets opened today with the S&P 500 and the Nasdaq losing points on Thursday, after closing higher at the previous market close. At 9:37 a.m., the Dow Jones Industrial Average rose 0.09 per cent to 44,188.62 points, the S&P 500 dropped 0.26 per cent to 6,068.64 points and the Nasdaq Composite fell 0.48 per cent …

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
4 weeks, 1 day ago

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

Associated Press  

NEW YORK — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. Stocks got a boost as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. …

Wall Street gets back to climbing, and the Nasdaq tops 20,000
4 weeks, 1 day ago

Wall Street gets back to climbing, and the Nasdaq tops 20,000

LA Times  

The Standard & Poor’s 500 index rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Stocks got a boost as expectations built that Wednesday’s inflation data will enable the Fed to deliver another cut to interest rates at its meeting next week. “The data have given the Fed …

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%
4 weeks, 1 day ago

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%

Live Mint  

US stocks were mixed on Tuesday with the Nasdaq outperforming its peers, boosted by rising megacap technology stocks. At 9:37 am ET, the Dow Jones Industrial Average fell 145.77 points, or 0.33 per cent, to 44,256.16, the S&P 500 lost 0.16 points to 6,052.69 and the Nasdaq Composite gained 82.12 points, or 0.42 per cent, to 19,818.81. At the opening …

Wall Street today: US stocks end lower as investors eye inflation data, Nvidia slumps 2.5% on China probe
4 weeks, 2 days ago

Wall Street today: US stocks end lower as investors eye inflation data, Nvidia slumps 2.5% on China probe

Live Mint  

US stock market indices ended lower on Monday weighed down by tech stocks amid fall in AI leader Nvidia stock price and ahead of the release of crucial inflation data later this week. Advanced Micro Devices shares plunged 5.7% after BofA Global Research downgraded its rating on the stock, Comcast share price tanked 9.5%, while Hershey stock price surged 10.9% …

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000
1 month ago

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

Associated Press  

NEW YORK — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as a crypto advocate, as his nominee to head the Securities and Exchange …

Tech stocks and AI lift Wall Street to more records
1 month ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher
1 month ago

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher

Live Mint  

Wall Street stock indices were mixed on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the previous session. As of 10:15 am Eastern time, the S&P 500 was down 0.1 per cent, the Dow Jones Industrial Average dropped 0.2 per cent, and the Nasdaq Composite edged up by 0.1 per cent. At the opening bell, …

Stock market today: Losses for Big Tech pull US indexes lower
1 month, 1 week ago

Stock market today: Losses for Big Tech pull US indexes lower

Associated Press  

Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. Several personal computer makers also helped pull the market lower following their latest earnings reports. AP AUDIO: Stock market today: Wall Street wavers as Big Tech stocks fall AP correspondent Seth Sutel reports on the latest market movements. The …

Losses for Big Tech pull U.S. stock indexes lower
1 month, 1 week ago

Losses for Big Tech pull U.S. stock indexes lower

LA Times  

The Standard & Poor’s 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. Technology stocks helped pull stocks lower Wednesday on Wall Street, handing the market its first loss in more than a week. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls …

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap
1 month, 2 weeks ago

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap

Live Mint  

-- It’s shaping up to be a good week for blue-chip and small-cap stocks which led Friday’s advance as this year’s big tech winners struggled to gain ground. The dollar rose, on course for an eighth straight week of gains, the currency’s longest run of the year, while Bitcoin set an all-time high in its race toward the $100,000 mark. …

Wall Street turns positive as Dow hits one-week high
Trending News
1 month, 2 weeks ago

Wall Street turns positive as Dow hits one-week high

Live Mint  

* Amazon drops after report on EU investigation next year * Alphabet slips after Justice Department pushes for Chrome sale * Deere shares up after Q4 profit beats estimates * Indexes up: Dow 1.19%, S&P 500 0.65%, Nasdaq 0.22% By Abigail Summerville and Johann M Cherian Nov 21 - Wall Street's main indexes turned positive after choppy trading on Thursday, …

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%
1 month, 2 weeks ago

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%

Live Mint  

US stocks dropped on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia's quarterly results. At 09:53 am the Dow Jones Industrial Average rose 1.09 points to 43,270.03, the S&P 500 lost 20.79 points, or 0.35 per cent, to 5,896.19 and the Nasdaq Composite lost 94.90 points, or 0.50 per cent, to 18,892.57. …

Wall Street today: US stocks mixed as investors eye Nvidia earnings, Tesla surges over 7%
1 month, 3 weeks ago

Wall Street today: US stocks mixed as investors eye Nvidia earnings, Tesla surges over 7%

Live Mint  

US stocks were mixed on Monday, as investors awaited crucial earnings especially from chip giant Nvidia and on lingering concerns that the Federal Reserve is not in a rush to cut interest rates further. The Dow Jones Industrial Average fell 35.21 points, or 0.08 per cent, to 43,409.78, the S&P 500 rose 5.59 points, or 0.10 per cent, to 5,876.21 …

Stock market today: Wall Street weakens as its post-election boom slows some more
1 month, 3 weeks ago

Stock market today: Wall Street weakens as its post-election boom slows some more

Associated Press  

NEW YORK — U.S. stocks slipped Thursday as the market’s big burst following Donald Trump’s election continued to cool. Cisco Systems’ 2.1% drop weighed on the market, even though the tech giant reported stronger profit for the latest quarter than analysts expected. It’s a turnaround from the election’s immediate aftermath, when the thought was that an “America First” president would …

Wall Street weakens as its post-election boom slows some more
1 month, 3 weeks ago

Wall Street weakens as its post-election boom slows some more

LA Times  

The Standard & Poor’s 500 index fell 0.6%, though it’s still near its all-time high set Monday. Cisco Systems’ drop of 2.1% weighed on the market, even though the tech giant reported stronger profit for the latest quarter than analysts expected. It’s a turnaround from the election’s immediate aftermath, when the thought was that an “America first” president would benefit …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 4 weeks ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%
1 month, 4 weeks ago

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%

Live Mint  

US stock indices surged to record high on Monday, following last week’s rally as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the US presidency continued. The Dow Jones Industrial Average rose 390.08 points, or 0.89 per cent, to 44,379.07, the S&P 500 gained 13.36 points, or 0.22 per cent, to 6,008.90, …

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%
2 months ago

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%

Live Mint  

US stocks were mixed on Monday ahead of Tuesday’s presidential election and Federal Reserve’s expected rate cut decision later in the week. The Dow Jones Industrial Average was down 0.5 per cent, and the Nasdaq Composite was 0.1 per cent higher. The Dow Jones Industrial Average was down 0.3per cent and the Nasdaq Composite was 0.1per cent higher. At the …

Nasdaq edges back from its record as chip companies and Eli Lilly slump
2 months, 1 week ago

Nasdaq edges back from its record as chip companies and Eli Lilly slump

LA Times  

Commuters emerge from a Wall Street subway station in New York’s Financial District on on Oct. 30, 2024. U.S. stock indexes edged lower Wednesday after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company. Computer chip companies have been some of the biggest winners of the AI rush, but Advanced Micro Devices helped drag down …

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
2 months, 1 week ago

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles

LA Times  

Rallying technology stocks sent the Nasdaq composite index to a record on Tuesday, but trading was mixed elsewhere on Wall Street as home builders and Ford Motor sank after the latest profit reports. The S&P 500 rose 0.2%, inching closer to its all-time high set earlier this month, even though most of the stocks in the index fell for the …

Wall Street slumps to a rare three-day losing streak
2 months, 2 weeks ago

Wall Street slumps to a rare three-day losing streak

LA Times  

U.S. stocks fell Wednesday as more steam came out of Wall Street’s huge, record-breaking rally. The Dow Jones industrial average dropped 409 points, or 1%, while the Nasdaq composite tumbled 1.6%; Nvidia and other major tech stocks were among the market’s heaviest weights. McDonald’s helped pull the market lower, dropping 5.1% after federal health officials linked its Quarter Pounder burgers …

Wall Street pulls back from its records
2 months, 2 weeks ago

Wall Street pulls back from its records

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Oct. 16, 2024. U.S. stocks edged back from their all-time highs Monday as some of the steam came out of Wall Street’s long, record-breaking rally. Crude oil prices rose to regain some of last week’s sharp losses, while U.S. Treasury yields climbed and stock indexes mostly fell …

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls
2 months, 3 weeks ago

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls

Live Mint  

Tech stocks lead the way, with the Nasdaq and S&P 500 gaining significant gains. Netflix's strong performance boosts its stock, while Apple and Nvidia show positive performance in the tech sector. American Express's quarterly profit is slightly lower than expected, while Intuitive Surgical's profit exceeds expectations. In the bond market, the 10-year Treasury yield falls slightly, while gold prices remain …

Wall Street falls from its records as oil prices tumble and tech stocks drop
2 months, 3 weeks ago

Wall Street falls from its records as oil prices tumble and tech stocks drop

LA Times  

The Standard & Poor’s 500 index fell 0.8%, a day after setting an all-time high for the 46th time this year. Exxon Mobil dropped 3%, and energy stocks fell to some of Wall Street’s sharpest losses after oil prices tumbled more than 4%. Chief Executive Christophe Fouquet said AI continues to offer strong upside potential, but “other market segments are …

Asian stocks decline, following Wall Street's drop on worries about the economy
4 months ago

Asian stocks decline, following Wall Street's drop on worries about the economy

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Nvidia suffers record $279 billion loss in market value as Wall Street drops
4 months ago

Nvidia suffers record $279 billion loss in market value as Wall Street drops

The Hindu  

Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology that …

Stocks tank as economic slowdown fears mount and tech companies disappoint
4 months ago

Stocks tank as economic slowdown fears mount and tech companies disappoint

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Wall Street took a …

Losses for Big Tech companies lead Wall Street lower
4 months, 1 week ago

Losses for Big Tech companies lead Wall Street lower

LA Times  

The New York Stock Exchange with Trinity Church in the background on Aug. 28, 2024. Stocks on Wall Street closed lower Wednesday as a pullback in big technology companies outweighed gains elsewhere in the market. Its earnings and revenue topped Wall Street’s forecasts, but the stock fell 3.7% in after-hours trading. The hope is that the data show inflation easing …

Tech bubble fears grow as Nvidia shares slump
4 months, 1 week ago

Tech bubble fears grow as Nvidia shares slump

The Telegraph  

Nvidia’s stock dropped sharply last night despite the chipmaker more than doubling sales to a record $30bn in a reaction that will fuel fears of a tech bubble. Jensen Huang, founder and chief executive of the company, said on Wednesday night: “Nvidia achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with …

Wall Street stocks plunge as fears grow that tech bubble has burst
5 months ago

Wall Street stocks plunge as fears grow that tech bubble has burst

The Telegraph  

Investors have ramped up bets that the US Federal Reserve will be forced into an emergency interest rate cut to support the economy as fears of recession grow. Shares plunged and bonds rallied amid growing fears that the world’s biggest economy is heading for recession and concern that an AI-fuelled stock bubble has burst. The tech-heavy Nasdaq Composite plummeted by …

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats
5 months, 2 weeks ago

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
5 months, 2 weeks ago

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Associated Press  

BANGKOK — Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains. That followed a split Thursday on Wall Street, where general stocks and other formerly downtrodden areas of the market rose while superstar Big Tech stocks gave back more of their stellar gains. Tokyo’s core consumer price index rose 2.2% …

US stock market sees worst day since 2022 over Tesla, Alphabet quarterly results
5 months, 2 weeks ago

US stock market sees worst day since 2022 over Tesla, Alphabet quarterly results

Hindustan Times  

A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. {{^usCountry}} {{/usCountry}} The profit reports from Tesla and Alphabet weren't disasters, but they raised questions among investors about which other market heavyweights' springtime results could fall short of expectations, …

Wall Street’s smaller stocks roar a day after S&P 500’s worst loss since 2022
5 months, 2 weeks ago

Wall Street’s smaller stocks roar a day after S&P 500’s worst loss since 2022

LA Times  

A swirling day of trading left the Standard & Poor’s 500 with a loss of 0.5%. Wall Street’s split widened Thursday, as smaller stocks and other formerly downtrodden areas of the market rose while superstar Big Tech stocks gave back more of their stellar gains. Weighing on Wall Street were continued losses for Nvidia and most of the handful of …

Nasdaq sees biggest drop in 2 years as tech earnings spark selloff
5 months, 2 weeks ago

Nasdaq sees biggest drop in 2 years as tech earnings spark selloff

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Major stocks fell dramatically …

Wipeout on Wall Street sends the S&P 500 down by 2.3% as Big Tech skids
5 months, 2 weeks ago

Wipeout on Wall Street sends the S&P 500 down by 2.3% as Big Tech skids

LA Times  

Profit expectations are high for U.S. companies broadly, but particularly so for the small group of stocks known as the Magnificent Seven: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla. A steep drop on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy …

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
5 months, 3 weeks ago

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions

Associated Press  

Asian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark fell more than 2% as investors remained wary over China’s plans for helping its ailing property sector. AP AUDIO: Stock market today: More drops for big tech stocks keep dragging Wall Street lower AP business correspondent Seth Sutel has the AP …

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally
5 months, 3 weeks ago

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares were mostly lower …

A washout on Wall Street sends stocks, big and small, lower
5 months, 3 weeks ago

A washout on Wall Street sends stocks, big and small, lower

LA Times  

People walk outside the New York Stock Exchange. As they did the day before, when the Nasdaq tumbled to its worst loss since 2022, several Big Tech stocks led the market lower. Because the S&P 500 and other indexes give more weight to stocks of bigger size, and because the Magnificent Seven stocks had swelled into Goliaths, gains for Big …

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