Markets today: S&P 500 is back to 5,200 as big tech sells off

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

A rout in the world’s largest technology companies dragged down stocks, with the market trimming a monthly rally that was fueled by hopes that an inflation cooldown would lead to U.S. Federal Reserve rate cuts.

German Coal Company to Get About €1 Billion for Shutting MinesBank of America Eases Pledge to Stop Lending to Some GunmakersSouth Africa’s Shock Election Imperils Business-Driven ReformsAuto, Steel Groups Urge Canada to Match US Tariffs on ChinaPakistan Sets 3.

Here's how to reduce your premiumsBenefits await gig workers who come clean with CRASick of extra fees online? It's drip pricing, and Canadian shoppers are fighting backHome ownership essential for a workable retirement plan: Dale JacksonDon't let the new car smell go to your head when borrowing to buy a carChina Home Sales Slump Eases After New Government SupportAn Early Venture Capitalist Is Selling His $26 Million San Francisco MansionChicago Wants to Jump-Start Downtown Rescue...

 

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:

 /  🏆 83. 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.

Markets today: S&P 500 breaches key level as stocks power aheadStocks started the week on a positive note, with traders waiting to hear from a raft of Federal Reserve speakers for clues on the outlook for interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: S&P 500 keeps momentum going with winning runStocks headed toward their best three-day rally of 2024, fueled by bets the Federal Reserve will cut rates this year. Oil pared gains as Hamas said it accepted a proposal for a cease-fire with Israel.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: S&P 500 extends gains in final minutes of tradingStocks saw their best three-day rally since November, fueled by speculation the Federal Reserve will be able to cut interest rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: U.S. stock rally wavers as S&P 500 briefly tops 5,200The rally that has powered stocks in May struggled gain much traction on Tuesday, with investors split on whether the market can sustain the advance given all the economic crosscurrents.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: S&P 500 runs into roadblock after winning streakWall Street’s enthusiasm for stocks faded after a four-day advance that drove the market to its longest winning run since March.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: S&P 500 'bumps into a Wall' after blistering rallyWall Street’s enthusiasm for stocks faded as many traders were reluctant to keep piling in after a solid rally in early May.
Source: BNNBloomberg - 🏆 83. / 50 Read more »