Tech stocks slide as pivotal Nvidia conference and Fed meeting come into focus

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Weakness on Wall Street: Stocks fell Friday, with the Nasdaq Composite setting the pace to the downside amid declines in tech heavyweights like Microsoft , Amazon and Alphabet . The tech-heavy Nasdaq lost around 1% on its way to a three-day skid and weekly losses of roughly 0.7%.

Traders work on the floor at the New York Stock Exchange in New York City, U.S., February 29, 2024.Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia Stock Falls After US NFP Data Disappoints MarketNvidia stock fell more than 5% on Friday after the US Nonfarm Payrolls (NFP) data for February distressed the market. February hiring was ahead of consensus, but January data saw a large-scale revision lower, while the Unemployment Rate rose to match the two-year high at 3.9%.
Source: FXStreetNews - 🏆 14. / 72 Read more »