News Formal

Stocks rally on Wall Street as technology giants rebound

  • 📰 latimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 82%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Major stock indexes on Wall Street notched their biggest gains in more than six weeks Thursday, as technology companies clawed back some of the ground they had recently lost.

rose 4.7% in regular trading but slumped 10.5% in after-hours trading after the online retail giant reported its first quarterly loss since 2015. The company reported a decline in sales and a huge write-down of its investment in an electric vehicle startup.The latest round of corporate report cards is hitting the market as Wall Street tries to figure out how inflation is affecting businesses and consumer spending.

Supply chain issues have been crimping business operations in many industries throughout the recovery from the pandemic, andhas pushed energy and key food commodity prices higher. Strict COVID-19 lockdown measures in China have added to concerns about slowing growth.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 11. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stocks end mixed after another wobbly day on Wall StreetStocks on Wall Street managed only meager gains Wednesday, after a broad rally led by technology companies faded by late afternoon, leaving the market little changed a day after a big sell-off.
Bron: latimes - 🏆 11. / 82 Lees verder »

Shares continue to slump as fears about the economy and earnings grip Wall StreetThere is plenty of cause for alarm on Wall Street at a time when investors were already worried about sharply higher interest rates as the Federal Reserve fights inflation:
Bron: WBUR - 🏆 274. / 63 Lees verder »