Dow Jones Futures Fall With Nvidia Earnings Due
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The Dow Jones Industrial Average dropped 498 points, or 1%, while the S&P 500 fell 0.8%. The tech-heavy Nasdaq tumbled 1.2%. The selloff, which has touched some of the world's largest companies, marks a rare bout of turbulence on this year’s glide path to higher returns.
Over 320 of the S&P 500’s components ended trading at least 10% below their 52-week highs on Tuesday, while the index was off 4% from its recent high
Major stock indexes ended sharply lower to begin the week, which will see AI darling Nvidia and retail giants report quarterly results, as well as the release of the September jobs report delayed because of the U.
U.S. stocks fell again following a sell-off that swept Europe and Asia. The S & P 500 sank 0.8% Tuesday after earlier dropping as much as 1.5%. The Dow Jones Industrial Average fell 1.1%, and the Nasdaq composite sank 1.2%.
The S&P 500 on Monday afternoon was threatening to bust through a closely watched support level as stock losses extended an unraveling in the final hour of trading. Concerns about popular tech trades,
Goldman and UnitedHealth help push the Dow industrials to a record.
Stock markets looked to be in line for another boost on Wednesday with potential confirmation of the end of the U.S. government shutdown. Dow Jones Industrial Average futures were up 105 points, or 0.
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Stock Market Today: Dow Sinks 500 Points As Tech Pressure Persists; Nvidia Falls (Live Coverage)
After the opening bell, the Dow dropped 0.9%, or more than 400 points, as the S&P 500 declined 0.5%. The tech-heavy Nasdaq composite moved down 0.6% in morning trading. Please watch the video at Investors.com - Can Nvidia Beat 'Whisper Number' Despite Supply Constraints? Walmart, FUTU Earnings Also In Focus