Big Tech stocks’ movements have an outsized effect on indexes like the S&P 500, which give more weight to companies of bigger size.NEW YORK — Wall Street’s record-breaking rally ran into a wall Wednesday, as worries about potentially worsening trade tensions with China hit stocks of chip companies. That dragged indexes to their worst day in months, but conditions may have been less discouraging underneath the surface.
Another major chip company, Taiwan Semiconductor Manufacturing Co., sank after former President Donald Trump criticized the self-governed island claimed by Beijing, which the U.S. is obligated by treaty to defend if it is attacked. Now, though, some critics call those Magnificent Seven stocks too expensive, and investors are creeping back into unloved areas of the market. The economy has remained resilient so far, with the job market staying solid, and investors widely expect the Federal Reserve to begin cutting interest rates in September because
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock market today: Big tech stocks dive again to halt Wall Street's record-setting rallyKelly's prayer is that he finds adoptive parents who will also spoil him, but most importantly who will show Deandre he can trust a family to be there forever.
Fuente: wfaa - 🏆 543. / 51 Leer más »
Stock market today: Big tech stocks dive again to halt Wall Street's record-setting rally12News journalist Rachel Cole talks with a lifeguard sharing safety tips around water.
Fuente: 12News - 🏆 586. / 51 Leer más »
Stock market today: Big tech stocks dive again to halt Wall Street's record-setting rallyThe Texas House General Investigating Committee met for the first time in a year. The same group kickstarted Ken Paxton's impeachment proceedings last year.
Fuente: KVUE - 🏆 244. / 63 Leer más »
Stock Trader Answers Stock Market Questions From TwitterFormer Wall Street stock trader Lance Breitstein answers your most asked stock market questions from Twitter.
Fuente: WIRED - 🏆 555. / 51 Leer más »
Stock market today: Most of Wall Street rises, but Nvidia tumbles again as AI mania coolsAnother slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed, even as the majority of stocks rallied.
Fuente: latimes - 🏆 11. / 82 Leer más »
Stock market today: Asian stocks are mixed after Wall Street edges to more recordsAsian stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession. U.S. futures were mixed and oil prices fell. On Tuesday, the S&P 500 rose 0.3% to hit another all-time high. The Dow Jones Industrial Average edged up 0.
Fuente: AP - 🏆 728. / 51 Leer más »