US stocks gave up steam on Wednesday after Tuesday's rebound that snapped a three-day losing streak for the major averages. The benchmark S&P 500 was down 0.4%, while the tech-heavy Nasdaq Composite slipped about 0.7%. The Dow Jones Industrial Average was off about 0.5%, or about 200 points. All three of the major averages had been up more than 1% at some point during the session.
The earnings and economic calendar remains relatively sparse, with the weekly report on mortgage applications Wednesday morning serving as the most notable piece of economic news. 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.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
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.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
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.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Nvidia stock falls more than 6%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Nvidia stock falls more than 5%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market news today: Nasdaq leads US futures 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.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
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.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »