US stocks were mixed on Thursday with the Nasdaq Composite continuing to slide following a Big Tech-led wipeout in the prior session, inspired by AI doubts. The Nasdaq Composite fell as much as 1%, coming off the worst day for the tech-heavy index since October 2022. The Dow Jones Industrial Average rose 0.3% while the S&P 500 slid 0.3%, on the heels of Wednesday's steep closing losses.
At the same time, concerns about the robustness of the US economy are emerging as big-name earnings misses cast doubt on how consumers are holding up in the face of historically high borrowing costs. Given that, traders are now pricing in bigger cuts by the Federal Reserve — a reduction of about 30 basis points by September, and of almost 70 basis points over 2024, according to money markets. Odds on an earlier-than-expected rate cut in July have also ticked up, CME FedWatch data showed.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
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.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
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.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market news today: Tech roars back as S&P 500, Nasdaq surge ahead of earningsInvestors are surveying a changed political landscape after Biden called off his re-election bid, assessing what it could mean for the Trump trade.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
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.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market today: World stocks fall as investors are underwhelmed by Big Tech earningsWorld stocks fell Wednesday as the earnings reporting season ramped up for big companies, with investors showing a lack of enthusiasm for results so far.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market news today: US stocks wobble amid earnings flood, with Big Tech on deckA marquee earnings day brings Big Tech results, in focus as investors assess the future of this year's rally.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »