Reported about 19 hours ago
In the latest stock market session, tech stocks led by a significant drop in Meta's shares caused the Nasdaq to decline over 1.5%, while the Dow Jones Industrial Average saw a slight 0.2% decrease. This comes amid investor anticipation for upcoming earnings from Apple and Amazon, as well as mixed results from other major tech firms. The broader S&P 500 index lost approximately 1%. Additionally, the market reacted to a recently announced US-China trade truce which has influenced expectations around potential Federal Reserve interest rate cuts.
Source: YAHOO