Reported 2 months ago
US stocks experienced a decline on Wednesday, following a brief rebound, with the Nasdaq leading the losses at 1.1%. Major averages struggled to maintain gains from the previous day, as investors reacted to disappointing earnings reports from companies like Airbnb and Super Micro Computer, which saw their stocks tumble significantly. Despite positive developments in Disney's streaming unit, concerns about weakening consumer demand impacted market sentiment, indicating ongoing volatility in trading.
Source: YAHOO