The market finished sharply lower on Thursday, posting its biggest sell-off since June as stocks retreated from all-time highs and tech shares plunged.The Dow Jones Industrial Average finished down 2.8%, over 800 points, on Thursday, while the S&P 500 fell 3.6% and the tech-heavy Nasdaq Composite lost 5%.
Shares of Big Tech stocks fell sharply across the board: Amazon and Google-parent Alphabet were down by over 5%, while Microsoft fell more than 6%. Investors also continued to take profits out of high-flying stocks like Apple and Tesla, which fell by around 8% and 9%, respectively, just days after both companies completed stock splits.
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:
skleb1234 DOJ Anti-trust investigation of Google...
skleb1234 Bears coming out of hibernation
Curious about what the stockmarket is, how it works and what stocks are? When does it rise and fall? What are bull and bear markets? What underlies a market crash? 👇👇👇
skleb1234
skleb1234 Has it started? You know, thou shall not mention the name ;)
skleb1234 Headline writing suggestion: don’t quote one index in percentage terms and then others in point terms. Quote both in percentage terms.
skleb1234 Connect the dots.
skleb1234 Thanks realDonaldTrump TrumpFailedAmerica stockmarketcrash VoteBidenHarris2020
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Sell-Off: Dow Plunges 750 Points, S&P 500 Falls 3.5%The Dow plunged 600 points this morning while the S&P 500 fell 3% by skleb1234 skleb1234 Soon return to last point. skleb1234 Wow. Great news for beers skleb1234 Is it shorting $TSLA that kicked this off?
Source: Forbes - 🏆 394. / 53 Read more »
5 things to know before the stock market opens WednesdayShares of Macy’s rose after the embattled retailer saw digital sales during the pandemic surge 53% in Q2. Here are 5 things to know before the stock market opens today: We thought they were going bankrupt so we used all our outstanding gift certificates
Source: CNBC - 🏆 12. / 72 Read more »
The stock market thinks Joe Biden is going to beat Donald TrumpA basket of stocks that could fare well in a Biden presidency has been outperforming the overall market and a portfolio of stocks that might benefit from a second Trump term Democrat mandates are better than Republican mandates for the stock (and for America of course). Biden2020 BidenHarris2020
Source: CNN - 🏆 4. / 95 Read more »
Here's what happened to the stock market on WednesdayThe major averages rallied Wednesday as investors snapped up shares in some of the more beaten-down parts of the market. Powell saw his portfolio skyrocket. Just like yesterday and the day before that. EndTheFed These criminals need life in prison. New disaster foreign policy. Majority UN security councils including Europian alies rejected 2nd RESOLUTION 4 last 3 weeks against Iran to extend sanction on trading weapons between Iran&the world after Oct.This is major fact of continuation of failed Tru/Pompeo foreign policies. Coincidence or not, the day the Fed announced a massive injection of liquidity, the plunge in the market abated and the extraordinary recovery in stocks began.
Source: CNBC - 🏆 12. / 72 Read more »
September and the stock market: Three experts on what to expectStocks rallied on Wednesday to push the S&P 500 and Nasdaq to records. The session solidified Wall Street's strong start to September. Three experts discuss what's next. TradingNation TradingNation Is yhat the same experts that said August would be down because it always is? Just asking for a friend. TradingNation S&P 500 to 4000
Source: CNBC - 🏆 12. / 72 Read more »