Big technology stocks pulled back Tuesday for the third consecutive trading session, sparked by growing concerns that some of the stocks seen as beneficiaries of the coronavirus pandemic have climbed too far too quickly.
Among the biggest decliners were shares of Apple, Amazon.com, Facebook and Zoom Video Communications, all of which fell more than 4%. Despite their recent losses, the stocks are still up sharply for the year, buoyed by the stay-home orders aimed at slowing the spread of the virus.
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realDonaldTrump WTF?!?🤨
Ponzi coming home to roost
Will Trump crow about 'record highs' today?....
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What to watch today: Nasdaq futures plunge as tech stocks continue to sinkTech stocks continued their rout, with Nasdaq futures tracking for an over 3% decline at Tuesday's open.
Source: CNBC - 🏆 12. / 72 Read more »
Dow drops 600 points as tech stocks fall again, Nasdaq down 10% in 3 daysIt was another rough day for the market as tech shares faced pressure following their worst sell-off in more than five months last week. Here's how the major averages performed: - The Dow fell 632 points. - The S&P 500 lost 2.78%. - The Nasdaq fell 4.1%. Weird how Trump never talks about the stock market when it loses big. But then acts like he's making it rain money whenever it recovers what it lost as if it never went down to begin with. Kinda like he claims to have created millions of jobs recently from the recently lost jobs.
Source: CNBC - 🏆 12. / 72 Read more »
Another ugly day for stocks as Nasdaq tumblesAll three major US stock indexes open in the red at the start of the shortened Labor Day trading week Its gonna crash. China gonna cash out their bonds Market adjustments are natural when Wallstreet looks nothing like Mainstreet, Fall. anyone in need of a stay-at-home job where you can earn $200-$500 weekly?
Source: cnnbrk - 🏆 393. / 55 Read more »
Sudden Volatility in Tech Stocks Unnerves InvestorsThe market roller-coaster ride into the Labor Day weekend confronted investors with fresh questions about the soundness of the technology-led advance in major stock indexes. Lol😭😭😭 Ryan Whitaker of Ahwatukee, Arizona - No famous athletes. No media coverage. No corporate sponsors. No reporters. No protests. No riots. No call for justice. No one even knows his name....but you do now... Tech bubble of 2020
Source: WSJ - 🏆 98. / 63 Read more »