Stock market news today: Stocks fade into the close, Nasdaq leads losses as market rebound loses steam

US stocks slid on Wednesday, failing to extend Tuesday's rebound that snapped a three-day losing streak for the major averages. Losses accelerated into the close as the benchmark S&P 500 fell more than 0.8% and the tech-heavy Nasdaq Composite slid 1.1%. The Dow Jones Industrial Average was off about 0.6%, or nearly 250 points. All three of the major averages had been up more than 1% at some point during the session.

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. Shares of Disney were down fell more than 4%, however, as investors digested concerns over Disney's park business. Late Tuesday, both Airbnb and Super Micro Computer reported results that disappointed, sending shares sharply lower.

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 declines as stocks flip to losses, comeback rally loses steamStocks slid on Wednesday as investors looked to build on Tuesday's trading session that snapped a 3-day losing streak.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

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 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 »