US stocks tipped slightly lower on Thursday after the rate-cut and AI growth hopes that have buoyed markets took a knock, putting the spotlight on the next batch of earnings to provide some impetus. Dow Jones Industrial Average futures dropped roughly 0.2%, setting up for a struggle after a six-day winning streak. Futures on the S&P 500 dropped 0.1%, while those on the tech-heavy Nasdaq 100 pulled back 0.2%.
The fading confidence spread to bonds, sending the benchmark 10-year Treasury yield higher to around the 4.5% level. High yields have proved a drag on growth stocks — megacap Big Techs in particular. At the same time, a downbeat annual revenue forecast from Arm cast doubt on the hopes for AI growth that have boosted chip stocks. The chip designer's shares sank 9% in pre-market trading, with sector peers Nvidia and AMD down slightly. Warner Bros.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Stock market today: Stocks open higher, Disney sinks after earningsResults from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
और पढो »
Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024Stocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
और पढो »
Stock market today: Stocks gain as Fed rate hopes fuel continued rallyStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
और पढो »
Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%Surprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
और पढो »