Reported about 14 hours ago
On October 15, 2024, U.S. stocks closed lower, with the Nasdaq Composite dropping over 1% and the Dow Jones Industrial Average falling by 324 points. Analysts suggest that the Biden administration's proposed export controls on AI chip sales may adversely affect tech-heavy indexes. As major banks release their third-quarter earnings this week, further insights on market movements are expected.
Source: YAHOO