Reported 2 days ago
US stocks retreated from recent record highs on Tuesday, led by a drop in Oracle's shares following concerns over its cloud computing profit margins. The Dow Jones fell 0.2%, the S&P 500 dropped around 0.4%, and the Nasdaq Composite decreased roughly 0.7%. This pullback comes amidst ongoing worries about a government shutdown and its potential economic impact, exacerbated by Oracle's disappointing financial reports, which dampened investor confidence.
Source: YAHOO