Markets stumble as Wall Street sells off Big Tech
The S&P 500 lost 1.1% and the Nasdaq Composite was down by 1.5%, after a selloff in Big Tech stocks. The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft,
Why the Stock Market Is Selling Off
With much of Wall Street out for the holidays, the stock market was getting hammered by weak trading volume. The Dow was down 423 points, or 1%, with only a couple of hours left in the week's final session.
Stock market today: Wall Street slips as technology stocks drag on the market
Stocks fell in morning trading Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.4%, with more than 80% of stocks in the benchmark index losing ground. Still, the index is managing to hold onto a modest gain for the week.
Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market
Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size.
Stock Market News: Big Tech Leads Broader Market Lower
Apple stock was the leader of the pack with a decline of only 1.6%. It was followed by Meta Platforms, down 1.9%, and Alphabet and Microsoft, both down 2.3%. Amazon.com was down 2.5%. Nvidia and Tesla were the biggest laggards, falling 3.3% and 4.6%.
Stock market today: Wall Street opens lower but remains on track for a winning week
Stocks are opening lower in what should be another day of quiet trading on Wall Street. The S&P 500 is down 0.6% and the the Dow Jones Industrial Average is
Dow tumbles 500 points as Wall Street sells off Big Tech
US stocks tumbled Friday, heading for a down week despite a year of historic highs. The Dow was more than 500 points lower by midday, the S&P 500 lost 1.6% and the Nasdaq Composite was down by 2.2% after a selloff in Big Tech stocks.
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