Today’s biggest stock market losers aren’t limited to technology, as economic fears mount

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Snap’s warning about a rapidly sliding economy sent shock waves through the stock market.

The management team at Snap Inc. minced no words May 23, saying “the macroeconomic environment has deteriorated further and faster than anticipated.” That led the company to say it will miss the low end of its month-old guidance for second-quarter revenue.Snap’s... The management team at Snap Inc. minced no words May 23, saying “the macroeconomic environment has deteriorated further and faster than anticipated.

Another sign of investors’ flight to safety was purchase volume that pushed the yield on 10-year U.S. Treasury notes TMUBMUSD10Y down 13 basis points to 2.74%.More about Snap’s warning and its aftershocks:

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

All these are fake pullback...Opportunity to buy. Earning still positive regardless the noise. Social media will always exist. Buy the fake pullback

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Asia stocks weighed by inflation concerns, China tech sellingAsian stocks came under pressure on Monday as persistent worries about inflation and rising interest rates dogged the global economic outlook and fresh selling in technology stocks weighed on Chinese markets.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »