Stocks on Wall Street closed lower Tuesday as a late sell-off in technology companies helped nudge major stock indexes into the red for the second straight day.
Banks, industrial firms and communication companies also helped drag the market lower, easily outweighing small gains by healthcare stocks and others. Energy companies fell the most as the price of U.S. crude oil slid 1.2%. Treasury yields held steady. “Stocks appear to be in consolidation mode, digesting strong year-to-date gains on the heels of a superb first-quarter reporting period,” said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management. “We view this pullback that we’re experiencing over the last week or so as within the normal ebb and flow of a broad market that still has legs to trend higher.”
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:
Why does NYC Wall St alwayz gotta hammer Palo Alto, CA n their UC Berkeley Brood$
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks fall as tech shares weigh; gold rises to more than 3-month highStock indexes edged lower globally on Monday, with technology shares weighing the most on the benchmark U.S. S&P 500 index, while gold prices hit their highest in more than three months as investors sought safety.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks are down as pressure on tech continues — Here's what investors are saying about the marketsStocks are down as pressure on tech continues — Here's what investors are saying about the markets (via TradingNation)
Source: CNBC - 🏆 12. / 72 Read more »
Global stocks, US futures mixed as virus cases surge in AsiaGlobal stock markets and Wall Street futures are mixed following a rise in coronavirus cases in Thailand, Taiwan and Singapore and weaker-than-expected Chinese factory and retail activity About 200 people died, including 58 children. There are more than 1200 injured. Out of space in morgues in Gaza HopeToGaza HODL investors are earning FREE BNB everday. Listed on Coingecko, CMC anytime now. HODL is the worlds first Anti Dumping Deflationary Rewards Token. EARN DAILY REWARDS IN BNB 4% to BNB Rewards Pool 4% to Liquidity 2% Re-Distributed to Holders TG: hodlinvestorgroup 🇯🇵11:25-Tokyo Stock Exchange (TSE) could decide to extend its working hours in order to attract more foreign investors from different time zones, thus bolstering 'its global presence'.The trading will be limited to spot-trading stocks. 🔴Hate and police persecution every day🇪🇸👇
Source: ABC - 🏆 471. / 51 Read more »
Energy and Materials Shares Lead the Way in a Turbulent Stretch for StocksInvestors are driving up energy and materials shares in an otherwise rocky month for stocks, betting that inflation will accompany swift economic growth The situation is not just about Islam, it is something about humanity. Choose your side! HopeToGaza This looks like a wrinkle in that trade in the intermediate People are being stripped of their right to life in Palestine. Every acceptance of cruelty gives birth to a bigger one. HopeToGaza
Source: WSJ - 🏆 98. / 63 Read more »