Nasdaq drops nearly 3% after Tesla and Alphabet earnings, heads for worst day since late 2022: Live updates

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Stocks fell Wednesday as investors were underwhelmed by quarterly reports from megacap tech companies Alphabet and Tesla.

13 stocks in the S & P 500 hit new 52-week highs during Wednesday's trading session. Of these names, eight stocks were trading at new all-time highs. These tickers included: NVR, Inc. trading at all-time high levels back to post-bankruptcy IPO in Nov, 1993.

Arthur J Gallagher trading at all-time high levels back to its IPO in June, 1984 Fiserv trading at all-time high levels since its IPO in Sep, 1986 Lockheed Martin trading at all-time high levels back to their merger of Martin Marietta and Lockheed in 1995 Pentair trading at all-time highs back through our history to 1972 Packaging Corp.

 

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