A selloff in Facebook stock and shares of other Big Tech companies pushed major U.S. indexes down Monday WSJWhatsNow
A selloff in Facebook stock and other big technology companies rippled through the market, pushing major U.S. indexes toward steep declines to start the week.
Stocks opened with mild declines before losses quickly accelerated. The S&P 500 dropped 1.5%. The broad index closed last week down 2.2%. The tech-heavy Nasdaq Composite Index declined around 2.4%. The Dow Jones Industrial Average lost around 380 points, or 1.1%.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Goldman picks China chip stocks to buy as tech rivalry with the U.S. growsGoldman Sachs analysts picked some Chinese semiconductor stocks set to benefit as companies look to localize their supply chains.
Baca lebih lajut »
Japan stocks set to rise after Merck announces new Covid treatment; China markets closedMerck and Ridgeback Biotherapeutics announced Friday they’ve developed a drug which reduces the risk of hospitalization or death by around 50% in Covid patients.
Baca lebih lajut »
These Stocks Raised Their Dividends Last WeekHoneywell, Starbucks, and CenterPoint Energy all raised dividends last week in a light stretch for such actions.
Baca lebih lajut »
These stocks have major momentum as third-quarter earnings roll out, says Wolfe ResearchNew for subscribers: These stocks have major momentum as third-quarter earnings roll out, says Wolfe Research. Check out CNBCPro today.
Baca lebih lajut »
Dow sheds 400 points as investors ditch technology stocks, Nasdaq drops 2.5%Tesla bucked the trend after the company said this weekend that it delivered 241,300 electric vehicles during the third quarter, well above analysts estimates.
Baca lebih lajut »
Missed out on Tesla? Wall Street analysts name their top EV stocks for this quarterThere are plenty of other electric vehicle stocks. Here, analysts from JPMorgan, Morgan Stanley and Bank of America name their favorites.
Baca lebih lajut »