Stock Market Today: NASDAQ Slammed
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Stocks end mixed
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Major stock indexes declined Thursday as investors digested several big tech earnings reports and awaited more after the closing bell.
Stocks finish mostly lower even after the Fed cut interest rates and said it will stop shrinking its balance sheet on Dec. 1. Separately, investors are preparing for earnings from three of the Mag 7 mega-cap stocks after the close.
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Dow Jones Futures: Amazon, Apple Earnings Lift Techs After Meta-Led Market Slide
Dow Jones futures were little changed early Friday, while S&P 500 futures and Nasdaq futures rose solidly. AppleAAPL and Amazon.comAMZN were earnings winners late Thursday, along with Western DigitalWDC,
US stocks jumped to new record highs on Tuesday as investors fielded the latest rush of earnings and looked to the Federal Reserve meeting to confirm interest rate cuts are on the way. Nvidia (NVDA) led the way higher,
The company posted a net loss of $0.19 a share on an adjusted basis, narrower than analysts’ projected loss of $0.30 a share, according to consensus estimates. Revenue totaled $9.97 billion, falling short of the expected $10.23 billion and down 8% from the year-ago period amid lower prices and softer demand across all operating segments.
The U.S. stock market sank from record heights as Wall Street sifted through mixed developments on everything from the U.S.
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Stock Market Today: Dow Falls After Trump-Xi Talks; Meta Plunges On Cost Worries (Live Coverage)
Inside the Dow Jones Industrial Average, Apple AAPL shares climbed 0.6% Thursday morning, set to extend a winning streak to six sessions. The stock is in the buy zone past a 259.24 buy point. On the downside, Boeing BA, Honeywell HON, Merck MRK and Nvidia NVDA all traded lower ahead of the market open.