US stocks headed for more losses on Thursday as lingering concerns about higher-for-longer interest rates and a Salesforce sell-off put a damper on investors' spirits. The Dow Jones Industrial Average sank 0.7%, or nearly 300 points, after shedding over 400 to lead Wednesday's stock market slide. The S&P 500 fell 0.2%, while the tech-heavy Nasdaq Composite dropped about 0.3%.
Salesforce's results sparked other worries about likely losers in the AI boom. The software maker's shares slid 15% after it said sales growth will stall to the slowest in its history. Meanwhile, the US economy grew at a slower pace than initially thought during the first quarter. The Bureau of Economic Analysis's second estimate of first quarter US gross domestic product showed the economy grew at an annualized pace of 1.3% during the period, down from a first reading of 1.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
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Stock market today: Stock futures edge higher after biggest wipeout for Dow in a yearRenewed concerns over the path of interest rates had prompted the Dow's worst day since March 2023.
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Stock market today: Dow futures slide again as rates fears prey on nervesLngering concerns about higher-for-longer interest rates and a Salesforce sell-off put a dampener on investors' spirits.
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Stock market today: Stocks edge higher after biggest wipeout for Dow in a yearRenewed concerns over the path of interest rates had prompted the Dow's worst day since March 2023.
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Stock market today: Dow slides 600 points as worries about rates overshadow Nvidia's blowout profitNEW YORK (AP) — Most U.S. stocks slumped after strong economic reports raised the possibility of interest rates staying painfully high.
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Stock market today: Nasdaq touches intraday record, Dow struggles to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
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