Reported about 6 hours ago
US stock markets fell sharply on Thursday as worries over high tech valuations and bleak job data from October, which marked the worst month for layoffs since 2003, weighed on investor sentiment. The Nasdaq dropped approximately 2%, while the S&P 500 and Dow Jones also saw significant losses. Amid this turmoil, Tesla's shareholder meeting looms large with concerns over CEO Elon Musk's pay package, and notable companies like Qualcomm reported strong earnings but experienced stock declines, reflecting mixed market reactions.
Source: YAHOO