Asian Stocks Choppy
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Despite the tepid showing from the Nasdaq-100 and S&P 500, the Dow Jones (+0.20%) is sitting in the positive today, up about 100 points despite declines from big holdings like Goldman Sachs (-0.83%) and Caterpillar (-3.52%). The rest of the index is helping pull the index into green territory on the day.
The Nasdaq and S&P 500 closed lower on Wednesday, dragged by tech stocks on nagging concerns about high-flying valuations, but falling crude prices boosted airlines and other travel stocks and the Dow finished higher.
Tech stocks are in a free fall. Drops follow global tech selloff. SpaceX set for fourth straight day of declines. Read more here.
The major stock indexes fell on Tuesday as yesterday's tech sell-off deepened and spilled over into memory and chip stocks.
World shares were mostly higher Thursday, led by tech-driven gains in Japan and South Korea as major computer chipmakers’ stocks surged following upbeat earnings reports from U.S. giants like Qualcomm and Micron Technology.
Wall Street looks to the memory-chip maker's results for clues on AI demand after another rough session for tech stocks
The S&P 500 and Nasdaq composite turned lower Thursday morning, giving up gains seen at the open as technology stocks fell under pressure. The S&P 500 was down 0.2% while the tech-heavy Nasdaq dropped 0.
U.S. stocks are drifting near their records in mixed trading. The S&P 500 slipped 0.3% Monday and pulled 1.7% below its all-time high set early this month.
The stock market saw an abrupt reversal of an earlier rally, plunging around midday as a chip-stock comeback sputtered and sharply reversed course.
Artificial-intelligence and chip companies pushed tech stocks sharply lower. The rout began in Asia, with Samsung and SK Hynix each dropping 12% in South Korea. While a ferocious bull market has occur
