Stock market news today: Nasdaq leads declines as stocks flip to losses, comeback rally loses steam

US stocks gave up steam on Wednesday after Tuesday's rebound that snapped a three-day losing streak for the major averages. The benchmark S&P 500 was down 0.4%, while the tech-heavy Nasdaq Composite slipped about 0.7%. The Dow Jones Industrial Average was off about 0.5%, or about 200 points. All three of the major averages had been up more than 1% at some point during the session.

The earnings and economic calendar remains relatively sparse, with the weekly report on mortgage applications Wednesday morning serving as the most notable piece of economic news. On the earnings side, numbers out of Disney reported early Wednesday showed the entertainment giant turned a profit in its streaming unit for the first time last quarter while the company also raised its full-year earnings forecast.

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 leads stocks higher after Biden backs outInvestors 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 news today: Stocks slip en route to sharp weekly losses for S&P 500, NasdaqStocks are facing another rough ride after a global IT outage hit businesses worldwide, with weekly losses in play.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Nvidia stock falls more than 6%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Nvidia stock falls more than 5%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market news today: Nasdaq leads US futures higher after Biden backs outInvestors 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 news today: Nasdaq sinks 3%, Dow cascades down as global sell-off intensifiesWall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »