Stocks are plunging again today after Snap's bleak forecast sparks selloff

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 80%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stock is set for its worst single\u002Dday drop

“Snap is a proxy for online advertising and when you see weakness there then you automatically think Facebook, Pinterest and Google,” Dennis Dick, a trader at Bright Trading LLC in Las Vegas, said.

Nine of the 11 major S&P sectors declined in morning trade after rising broadly in the previous session. The communication services sector slid 5.2 per cent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Motor Mouth: Why EV stocks are absolutely tankingICYMI: Motor Mouth: Why EV stocks are absolutely tanking. “Experts” say Tesla, Rivian, and Canoo sell stories, not cars—they’re still subject to market forces anyway. EV autonews autoindustry electricvehicle Please show your support for this: By tweeting this:” adriandix, every Health Minister in Canada knows cigs don’t belong in drugstores…except you! Stop embarrassment BC. Legislate cigs out of drugstores by May 31, World No Tobacco Day, or resign! “
Source: VancouverSun - 🏆 49. / 61 Read more »

Eric Nuttall: Energy stocks remain woefully undervalued despite the massively bullish backdropDon\u0027t let fears of recession, or a mistaken belief that energy stocks are appropriately valued, keep you from seeing what we see. Read more.
Source: VancouverSun - 🏆 49. / 61 Read more »

Eric Nuttall: Energy stocks remain woefully undervalued despite the massively bullish backdropDon\u0027t let fears of recession, or a mistaken belief that energy stocks are appropriately valued, keep you from seeing what we see. Read more. financialpost So we'll call it the Nuttall top. ericnuttall financialpost Which ones in particular ? Canadian Oil stocks have seen a large rise in recent weeks already financialpost If I had to name just one stock, ERBB would it be? It is a stock that has grown tremendously in the past few week and is still incredibly affordable. You can check it out!
Source: nationalpost - 🏆 10. / 80 Read more »