Tag Archives: leads

Nasdaq leads market slide as Bitcoin touches new record

Nasdaq leads market slide as Bitcoin touches new record

US stocks dropped on Tuesday, pulling further away from record highs as uncertainty over interest rate cuts and a shakeup in “Magnificent 7” stocks brought a note of wariness to the market. Contracts on the tech-heavy Nasdaq Composite (^IXIC) led the declines, sinking about 1.8% as a retreat in Apple (AAPL) and Tesla (TSLA) continued to drag on stocks more widely. Apple came under pressure after a report that iPhone sales fell 24% in China, adding to Monday’s loss in the wake of a $2 billion Source link

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Tech leads stocks higher as chipmakers shine

Tech leads stocks higher as chipmakers shine

US stocks tipped higher on Thursday, eyeing a rebound from recent losses as investors looked to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut. The S&P 500 (^GSPC) added around 0.4%, while the tech-heavy Nasdaq Compossite (^IXIC) led gains, rising 1%. The Dow Jones Industrial Average (^DJI) dropped about 0.3%. Techs led stocks higher after a bullish AI-fueled revenue outlook from TSMC (TSM), a key supplier to Apple (AAPL) and Nvidia (NVDA)…. Source link

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