Stock market news today: Nasdaq sinks, Nvidia drops 5% ahead of next round of Big Tech earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 26 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Nasdaq Composite Nouvelles

Nvidia,Microsoft,Investors

A packed day of earnings and the start of the Fed's July meeting continue a potentially pivotal week for stocks.

US stocks fell on Tuesday led by a drop in shares of AI chip heavyweight Nvidia as investors awaited key earnings from the likes of Microsoft and AMD . The S&P 500 fell 0.4% while the tech-heavy Nasdaq Composite dropped roughly 1%, on the heels of a lackluster session for the major gauges. The Dow Jones Industrial Average clung onto slight gains.

Wall Street is watching closely for any sign that massive AI investments are starting to pay off. It's especially in focus after July's volatile ride for stocks underlined the risks of the AI trade, as investors rotated out of Big Tech and into small caps. Pharmaceuticals Merck and Pfizer posted quarterly results prior to the market open, as well as consumer products giant Procter & Gamble . Coffee-shop chain Starbucks will report after the market close, as will chip giant AMD .

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:

 /  🏆 47. in BE
 

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

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.

Stock market news today: Nasdaq dives as tech sell-off continues, Nvidia down 4%Earnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market news today: Nasdaq futures lead losses as first Big Tech earnings fail to deliverDisappointing Alphabet and Tesla earnings have stirred up worries that Big Tech's power to fuel stock market gains is fading.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

S&P 500, Nasdaq post fresh records, Nvidia's run: Market trendsThe Nasdaq (^IXIC) and S&P 500 (^GSPC) closed at record highs, with megacap tech stocks continuing to cause big gains for the indexes. It was the 37th record...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market news today: Nasdaq sinks over 3% as Tesla, Alphabet triggered tech sell-offDisappointing Alphabet and Tesla earnings have stirred up worries that Big Tech's power to fuel stock market gains is fading.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market news today: Nasdaq sinks near 3% as Tesla, Alphabet earnings spark tech sell-offDisappointing Alphabet and Tesla earnings have stirred up worries that Big Tech's power to fuel stock market gains is fading.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »