US tech stocks losses on Wednesday morning, coming off a steep sell-off fueled by worries about economic growth and the AI trade amid a slide in Nvidia shares. The S&P 500 fell about 0.3%, while the tech-heavy Nasdaq Composite led the losses declining about 0.7%. Meanwhile, the Dow Jones Industrial Average added just less than 0.1%.
At the same time, concerns about cracks in the US economy have revived somewhat after a lukewarm reading on factory activity. Investors are keeping a watchful eye on fresh data as they calibrate the likely size of the Federal Reserve interest-rate cut expected within weeks. The rocky start to September now has investors bracing for more volatility, as a historically tough month for stocks follows a turbulent August.
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:
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.
Stock market today: Nasdaq edges higher, Dow drops as investors await key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-offWall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Nasdaq leads stocks higher as Powell waits in the wingsInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Nasdaq leads US futures higher as Powell waits in the wingsInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Nasdaq leads US futures higher ahead of Powell's Jackson Hole speechInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »