Stock Market Today: S&P 500 slumps as Salesforce leads tech wreck; inflation eyed

Investing.com-- The S&P 500 closed lower Thursday, pressured by a salesforce-led dent in technology and cautious sentiment ahead of key inflation data due Friday.) fell nearly 20% to remain on track for its worst day since 2004 after reporting guidance that missed analyst estimates. The weaker results come amid a malaise in the software sector that isn't likely to recovery in the second half of the year.

The data came just ahead of remarks by Federal Reserve president John Williams, who pushed back against fears of a rate cut, saying the current level of monetary policy was working to restrain the economy.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock Market Today: S&P 500 closes higher as tech leads charge; jobs report eyedStock Market Today: S&P 500 closes higher as tech leads charge; jobs report eyed
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Stock Market Today: S&P 500 snaps win streak as rising yields steal Nvidia's shineStock Market Today: S&P 500 snaps win streak as rising yields steal Nvidia's shine
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Stock Market Today: S&P 500 ends lower as Fed minutes flag inflation jittersStock Market Today: S&P 500 ends lower as Fed minutes flag inflation jitters
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Stock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earningsStock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earnings
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Stock Market Today: S&P 500 flat ahead of key inflation dataStock Market Today: S&P 500 flat ahead of key inflation data
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Stock market today: Asian shares trade higher after Wall St rally takes S&P 500 near recordStocks in Asia are trading higher after a rally on Wall Street that pulled the S&P 500 back within 1% of its record.
Источник: wjxt4 - 🏆 246. / 63 Прочитайте больше »