Dow falls over 300 points early Tuesday as tech stocks get slammed amid renewed inflation fears

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

U.S. stock benchmarks opened solidly lower Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.

The Dow Jones Industrial Average DJIA, -0.75% fell 0.9%, or over 300 points, to trade at around 34,423, the S&P 500 index SPX, -0.73% was down 1.2% at 4,137, while the Nasdaq Composite Index COMP, -0.74% declined 1.6% to 13,185. The market's recent selloff has been mostly concentrated in tech and growth stocks as investors shift out of highflying investments and buy assets that are viewed as performing better during the expected economic improvement from the COVID pandemic.

late Monday said revenue climbed in the latest quarter as the company saw positive results from its COVID-19 vaccine trials in the U.K. and South Africa. Shares were down 20%.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

In light of the speculative euphoria investors have enjoyed since the start of the year, a selloff isn't a surprising event.

lawsuits are a joke shorts are over-leveraged if we move the spread they blow up who wants poultry let's devour these vultures $SQBG target 🎯500

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Three Dow stocks could lead the next leg of the rally, traders sayAs the Dow hits record highs, Ari Wald of Oppenheimer and Quint Tatro of Joule Financial share their favorites of the blue-chip index. TradingNation Hedge Funds are selling in preparation to StockMarket crash!
La source: CNBC - 🏆 12. / 72 Lire la suite »

What to watch today: Wall Street set for a lower open as tech stocks remain under pressureEquity futures pointed to losses on Wall Street at Tuesday's opening bell, a day after losses in major U.S. tech stocks weighed on the market. Buy the dip ( own view ) The biggest advantage $BTC has over $ETH is that you don't have to trust Ethereum people. Learn more about $doge currency’s Bitcoin really does feel more decentralized, easier and safer to recommend in that sense. If I was a nation state I'd pick BTC to hoard. DM to know more. thank you very much for your work
La source: CNBC - 🏆 12. / 72 Lire la suite »

5 things to know before the stock market opens TuesdayThe rout in technology shares is poised to continue on Tuesday with Big Tech stocks coming under pressure again in premarket trading. I know it’s a casino. DogeCoin $1.5 It's boring to sit at home alone, looking for someone to spend time with
La source: CNBC - 🏆 12. / 72 Lire la suite »

Novavax, Tesla, Match, Palantir: What to Watch When the Stock Market Opens TodayTech stocks keep slipping and Novavax is tumbling after it delayed seeking clearance for its vaccine.
La source: WSJ - 🏆 98. / 63 Lire la suite »