Tech Earnings Drag Down U.S. Markets; Australian Market to Rise Slightly

  • 📰 theage
  • ⏱ Reading Time:
  • 30 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 77%

Finance ข่าว

Stock Market,Tech Earnings,S&P 500

U.S. stocks experienced a mixed day with significant declines in the tech sector. The S&P 500 and Dow Jones both reached record highs, but losses in major tech companies like Nvidia and Microsoft led to overall market declines. The Australian market is expected to open slightly higher.

Stocks were volatile in afternoon trading with losses from major technology firms overshadowing gains in other sectors. The S&P 500 decreased by 0.5%, while more stocks were increasing than decreasing within the index. The Dow Jones fell by 78 points, or 0.2%. Both the S&P 500 and the Dow set records on Tuesday. The Nasdaq composite declined by 1.1%. The Australian share market is forecasted to rise slightly, with futures indicating a 0.1% increase at the open.

Tech giants like Nvidia and Microsoft led the decline with losses of 3.3% and 1.1% respectively. HP and Dell also saw significant drops of 12.6% and 12.1% after disappointing earnings reports. The US economy grew at a 2.8% annual pace from July to September, driven by robust consumer spending and export growth. Consumer confidence improved in November according to the Conference Board, although not as much as anticipated. Retail earnings reports have shown a mixed outlook, with Nordstrom warning of weakening sales and Urban Outfitters reporting better-than-expected results

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 8. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Australian Deep Tech Start-Ups Attract $100 Million Investment from HostplusIndustry superannuation giant Hostplus has invested an additional $100 million in the Australian operations of the UK-listed deep tech venture fund IP Group, focusing on new industries emerging from universities in areas such as clean energy, transportation decarbonization, healthcare, and AI.
แหล่ง: FinancialReview - 🏆 2. / 90 อ่านเพิ่มเติม »

Trump Media posts heavy losses in surprise election-night earnings reportNasdaq halts trading of the company’s stock several times as its price rises and falls by huge percentages
แหล่ง: GuardianAus - 🏆 1. / 98 อ่านเพิ่มเติม »

ASX LIVE: Shares to rise; Meta, Microsoft earnings top Wall Street estimatesShares set to rebound. Zuckerberg credits AI for earnings boost. Microsoft’s cloud business outperforms. Woolworths team prepares to front investors. Follow here for more
แหล่ง: FinancialReview - 🏆 2. / 90 อ่านเพิ่มเติม »