Reported 4 months ago
US stocks, including the Dow Jones Industrial Average and S&P 500, continued to fall as concerns over potential rate hikes lingered, exacerbated by Salesforce's nearly 20% stock decline due to disappointing sales growth forecasts. The US economy's slower first-quarter growth and upcoming inflation data further fueled market unease. Post-market reports showed tech stocks like Dell and MongoDB sliding, while Gap shares rose. Analysts highlighted AI spending impacting revenue growth and discussed future trends in the tech and retail sectors.
Source: YAHOO