Stock Market Today: S&P 500 closes lower as Nvidia leads tech stumble

Investing.com - The S&P 500 closed lower Wednesday, pressured by an Nvidia-led slide in tech just as fears of higher-for-longer Federal Reserve interest rates persist.) fell almost 4% to add pressure on the broader tech sector just as other big tech stocks including Netflix , meanwhile, weighed on chip stocks after falling over 7% following quarterly results that showed weaker than expected first-quarter new bookings.

Sentiment on the growth sector of the market including tech has soured following an ongoing climb in Treasury yields on fears that higher for longer rates are likely to persist. Federal Reserve Chairman Jerome Powell on Tuesday"was clear, the Fed intends to stay on the sidelines for longer than previously expected, given the unexpected increase in recent inflation data," Stifel said in a Wednesday note.) stock rose 17% after the carrier forecast stronger-than-expected earnings in the current quarter, as well as reporting a narrower-than-expected loss in the first quarter, on robust demand for travel.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

España Últimas Noticias, España Titulares

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

Stock Market Today: S&P500 in record close amid best Q1 performance since 2009Stock Market Today: S&P500 in record close amid best Q1 performance since 2009
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Stock Market Today: S&P 500 closes lower as Powell signals higher for longer ratesStock Market Today: S&P 500 closes lower as Powell signals higher for longer rates
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Stock Market Today: S&P 500 clinches fresh record high as Treasury yields stumbleStock Market Today: S&P 500 clinches fresh record high as Treasury yields stumble
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Stock market today: S&P 500 sets a record after Wall Streets breaks out of its lullU.S. stocks broke out of a three-day lull to close at a record. The S&P 500 added 0.9% Wednesday, beating the all-time high it set last week. The Dow Jones Industrial Average climbed 1.2%, and the Nasdaq composite added 0.5%. The Dow and Nasdaq closed just short of their own records.
Fuente: AP - 🏆 728. / 51 Leer más »

Stock market today: Asian shares meander after S&P 500 sets another recordAsian shares have opened mixed after U.S. stocks broke out of a three-day lull to close at a record. Chinese markets rose and Tokyo's benchmark fell. Oil prices advanced, while U.S. futures edged lower. The S&P 500 added 0.9% Wednesday, beating the all-time high it set last week. The Dow Jones Industrial Average climbed 1.
Fuente: AP - 🏆 728. / 51 Leer más »

Stock market today: World shares are mostly higher after S&P 500 sets another recordEuropean shares have opened higher after a mixed trading session in Asia.
Fuente: ksatnews - 🏆 442. / 53 Leer más »