Dow Jones Industrial Average, NASDAQ and Stock market
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The S&P and the Dow are two of the most popular bellwether indexes for the American stock market and economy. Here's how they stack up.
Sharp drops hit Wall Street as technology stocks sank even more and bitcoin’s price plunged again to roughly half its record set in the fall.
Wall Street is coming off a major sell-off in software stocks that drove the S&P 500 to a second straight day of losses.
Stock indexes reject their recent highs as trade uncertainty returns. Still, dip buyers are showing resilience, taking stock indexes back higher after a rough post-MLK Day session open. Exploring technical levels for the Dow Jones, Nasdaq and S&P 500.
NASDAQ is under pressure as the sell-off in the tech sector continues. Strategy, which is down by 14%, is the biggest loser in the NASDAQ index today. The stock tested yearly lows as Bitcoin declined below the $66,000 level amid crypto market sell-off.
Equity indexes were flashing warning signs. In today’s session, even dovish data failed to lift sentiment. As profits are taken and stop-losses triggered, price moves can become exaggerated.
NASDAQ is under strong pressure amid sell-off in the tech sector. PayPal, which is down by 19%, is the worst performer in the NASDAQ index today. The stock suffered a sell-off as traders reacted to the weak earnings report and disappointing outlook. The company also replaced its CEO.
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Major stock indexes finished sharply lower Tuesday, dragged by technology shares, although the Dow Jones Industrial Average hit a new all-time high before reversing course. Meanwhile, gold and silver futures resumed their ascent.