Reported 2 months ago
On Wednesday, stock prices initially surged, with the S&P 500, Nasdaq, and Dow all recording gains, but these quickly vanished. By the end of the day, the Nasdaq fell 1.1%, the S&P 500 dropped 0.8%, and the Dow lost 0.6%, experiencing a dramatic swing of 714 points. Contributing factors included weak tech earnings, particularly from Super Micro, disappointing results from Disney, rising bond yields, and growing economic uncertainty ahead of a key jobs report.
Source: YAHOO