Nasdaq, tech stocks
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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.
Stocks are wavering as technology stocks once again weigh on the market, though falling bond yields and lower oil prices helped ease some pressure.
Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.
Wall Street looks to the memory-chip maker's results for clues on AI demand after another rough session for tech stocks
The stock market saw an abrupt reversal of an earlier rally, plunging around midday as a chip-stock comeback sputtered and sharply reversed course.
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.
Wall Street gave up more of its recent gains Tuesday after a sell-off in big technology stocks spread from Asia back to the U.S. over worries about potentially higher interest rates by the end of the year.
S&P 500 futures are down 1.2%. Dow Jones Industrial Average futures are down 0.4%. Nasdaq 100 futures are down 2.1%. U.S. stocks are set to fall on Tuesday after a sell-off in technology stocks during Monday's session in the U.
Asian stocks were mixed on Wednesday following a sell-off in big technology stocks from Asia to Wall Street. U.S. stock futures were also trading mixed, as global investors monitor market movements in Japan and South Korea,
