Mon, January 6, 2025
Sun, January 5, 2025
Sat, January 4, 2025
Fri, January 3, 2025
[ Fri, Jan 03rd ] - MSN
3 Vanguard ETFs to Buy in 2025
Thu, January 2, 2025
Wed, January 1, 2025
Tue, December 31, 2024
Mon, December 30, 2024
Sun, December 29, 2024
[ Sun, Dec 29th 2024 ] - Forbes
5 Top Index Funds To Buy For 2025
Sat, December 28, 2024
Fri, December 27, 2024
Thu, December 26, 2024
Wed, December 25, 2024
Tue, December 24, 2024
Fri, December 20, 2024
Thu, December 19, 2024
[ Thu, Dec 19th 2024 ] - Forbes
13 Must-Read Investing Books
[ Thu, Dec 19th 2024 ] - Forbes
PepsiCo Is Oversold
[ Thu, Dec 19th 2024 ] - Aviva
Types of Investments
Wed, December 18, 2024

Dow tumbles 500 points as Wall Street sells off Big Tech


//stocks-investing.news-articles.net/content/202 .. 00-points-as-wall-street-sells-off-big-tech.html
Published in Stocks and Investing on by CNN   Print publication without navigation

The Dow was lower by around 450 points, or 1%, in early-afternoon trading, the S&P 500 lost 1.4% and the Nasdaq Composite was down by 1.9% after a selloff in Big Tech stocks. Shares of Tesla (TSLA) fell by around 4.

The article from CNN, published on December 27, 2024, discusses a significant drop in the Dow Jones Industrial Average, marking one of its worst performances in recent months. The decline was attributed to several factors including rising geopolitical tensions, disappointing corporate earnings, and concerns over potential interest rate hikes by the Federal Reserve. Investors were particularly rattled by a series of negative economic indicators from major economies, leading to a broad sell-off in the market. Additionally, tech stocks were hit hard due to regulatory concerns and a shift in investor sentiment towards more defensive sectors. The article also notes that despite the downturn, some market analysts remain cautiously optimistic, citing the resilience of the US economy and the possibility of a rebound if the geopolitical situation stabilizes.

Read the Full CNN Article at:
[ https://edition.cnn.com/2024/12/27/investing/dow-stock-market-fall/ ]

Publication Contributing Sources