Reported 4 months ago
The US stock market continued to decline as concerns about higher interest rates and a Salesforce sell-off impacted investor sentiment. The Dow Jones fell nearly 0.9%, with the S&P 500 and Nasdaq also dropping. Salesforce's shares slid almost 20% after announcing slower sales growth, contributing to the market downturn. Additionally, new data showed slower US economic growth in the first quarter, with investors awaiting a key inflation reading. After-hours, companies like Dell and MongoDB reported disappointing results, while Gap and Nordstrom had contrasting performances.
Source: YAHOO