Tech stocks are still sliding after closing out their worst month of 2023

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Tech stocks fell sharply on Tuesday, leading a broader market decline that was sparked by concerns of rising interest rates

The Nasdaq fell 1.9% on Tuesday, pacing a broader market decline that was sparked by concerns of rising interest rates.Leonardo Munoz | View Press | Corbis News | Getty Images

The Nasdaq fell 1.9% on Tuesday to close at 13,059.47. The tech-heavy index declined 5.8% in September. While it's still up 25% this year, the Nasdaq is trading at its lowest level since May.shares sank 6.5%, their second biggest drop of the year, after analysts at KeyBanc downgraded the stock to the equivalent of a hold from a buy. The firm lowered its adjusted earnings expectations through 2025, as consumers shift back to buying more physical goods.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités