Tech stocks sink again, Nasdaq has worst month since 2008

A pedestrian walks past the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. Stocks are opening lower on Wall Street following drops in overseas markets, continuing a losing streak for U.S. markets that has brought the benchmark S&P 500 index down for three weeks in a row. Energy companies had the biggest losses in the early going Monday, April 26, 2022 as crude oil prices fell more than 5%.

Major indexes shifted between slumps and rallies throughout the week as the latest round of corporate earnings hit the market in force. Investors have been reviewing a particularly heavy batch of financial results from big tech companies, industrial firms and retailers. “Rising cost pressures and uncertain outlooks from the largest technology names have investors agitated going into the weekend and investors are not likely to be comfortable any time soon with the Fed widely expected to deliver a 50-basis point hike along with a hawkish message next week,” said Charlie Ripley, senior investment strategist for Allianz Investment Management.

Prices for everything from food to gas have been rising as the economy recovers from the pandemic and there has been a big disconnect between higher demand and lagging supplies.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tech stocks sink again, Nasdaq has worst month since 2008The Dow Jones Industrial Average slumped more than 900 points Friday as another sharp sell-off led by technology added to Wall Street's losses in April, leaving the S&P 500's with its biggest monthly skid since the start of the pandemic.
Fuente: AP - 🏆 728. / 51 Leer más »

Tech stocks sink; Nasdaq has worst month since 2008Another sharp sell-off led by tech added to Wall Street losses in April, leaving the S&P 500 with its biggest monthly skid since the pandemic's start.
Fuente: TucsonStar - 🏆 339. / 59 Leer más »

What to Watch Today: Nasdaq Futures Soar as Stocks Look to Get Back on TrackNasdaq futures bounced nearly 2% on Thursday. Dow and S&P 500 futures were also higher. Thanks. The richest 10% of the population that owns 89% of all stock will be thrilled.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »

Nasdaq Futures Slide as Amazon and Apple Retreat After EarningsNasdaq 100 futures fell Thursday evening following an extravaganza of Big Tech earnings, with disappointments from Amazon and Apple.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »