What the sell-off in Wall Street tech stocks means for your 401(k)
A sharp sell-off on Thursday sent major U.S. stock indexes lower and raised concerns about the effect on retirement savings. Financial advisers urged investors not to make rushed decisions in response to the market’s swings. The Dow Jones Industrial Average fell 1,833 points, or 3.44%. The Nasdaq Composite dropped 5.52%, putting it in correction territory, […]
Stock market update: Nasdaq drops, S&P 500 and Dow decline as Amazon and Intel earnings spark tech sell-off.
US stocks took a hit on the last trading day of the month. This drop came in light of earnings reports from Amazon and Alphabet, which raised fresh questions about the huge investments these tech giants are making in their AI initiatives. The Nasdaq Composite experienced a significant decline, falling 2.6% as a technology-driven sell-off […]
What Today’s Treasury Sell-Off Is Indicating
Treasury Yields Continue to Climb Following Positive Economic News The bond market was quite active on Wednesday, though perhaps the participants aren’t really vigilantes after all. The yield on the 10-year Treasury reached 5.108 percent, marking its highest point since 2007. If this increase was supposed to signal concerns about Washington’s debt, the timing was […]
Mixed stock futures as traders seek to bounce back from oil-related sell-off: Live updates
Market Update On May 13, 2026, traders were engaged at the New York Stock Exchange, navigating a challenging trade environment marked by rising oil prices and disappointing earnings from two major companies affecting the overall stock market. The S&P 500 futures saw a modest increase of 0.2%, while Nasdaq 100 futures remained steady. In contrast, […]
Dell drives wider selloff of AI hardware as stock drops 14%
Dell Technologies Shares Drop Significantly Dell Technologies experienced a sharp decline in its stock price on Wednesday, falling approximately 14%. This marked its largest intraday drop in several months. The decline seems to extend beyond just Dell, indicating a broader shift in the AI server hardware market as investors re-evaluate whether current high valuations are […]
Ryan Clifford is the Mets’ most promising yet imperfect chance to make the most of the 2023 sell-off.
Updates on Recent MLB Players and the Mets’ Prospects PHILADELPHIA — Drew Gilbert, who came over from the Astros as part of the Justin Verlander deal, is now with the Giants. Meanwhile, Luis Angel Acuña, another acquisition involving Max Scherzer, has joined the White Sox. Justin Jarvis, who was part of the Mark Canha trade, […]
Market update: S&P 500 and Nasdaq take a break after tech sell-off with attention on Micron
On what turned out to be another tough day for tech companies, U.S. stock futures were looking steady on Wednesday, with Wall Street keenly observing Micron’s results for insights into AI demand. Futures for the Nasdaq 100 increased by 0.5% and those for the S&P 500 went up by 0.1%. However, stocks focused on AI […]
Gold prices drop as AI sell-off drives investors to the US Dollar
Gold (XAU/USD) prices reversed gains from Monday, dropping over 1.30% on Tuesday. This decline was influenced by a general increase in the value of the U.S. dollar, driven by a hawkish stance from the Federal Reserve and a risk-averse atmosphere that has seen more investments flow into the dollar as a safe haven. Currently, the […]
S&P 500 futures show little movement after technology sell-off affects overall market index: Live updates
Market Overview Futures and options traders were active on the NYSE American floor as the S&P 500 futures hovered around unchanged levels on Monday night. This followed a drop in the overall market index, driven largely by declines from major tech companies. The S&P 500 futures saw a slight decrease of 0.1%, while the Nasdaq […]
Dow rises by 250 points as Wall Street works to bounce back from the Fed’s sell-off related to interest rates and inflation concerns
Market Update: Stocks Bounce Back On Thursday morning, stocks saw an uptick as Wall Street sought to rebound from the previous day’s losses. This followed a surprising stance on inflation from Federal Reserve Chairman Kevin Warsh, which caught investors off guard, particularly those who were anticipating rate cuts. By around 10:40 a.m. ET, the Dow […]