Stock Market Overview
Fri, Apr 19th, 2024
Go To:
Premier Members can get their watchlist or portfolio delivered via email up to 5 times a day. Learn More >>
Broader Market Retreats on Middle East Strife and Tech Stock Weakness
Barchart - 1 hour ago
The S&P 500 Index ($SPX) (SPY) Friday closed down -0.88%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.05%.
US stock indexes settled mixed on Friday, with the S&P 500 falling to a 1-3/4 month low and the Nasdaq 100 dropping to a 3-month low. A sell-off in the “Magnificent Seven” megacap technology stocks Friday weighed on the overall market as investors liquidated long positions ahead of next week’s slew of megacap earnings reports.
Negative corporate news and escalating geopolitical risks on Friday also undercut stocks. Super Micro Computer closed down more than -23% on earnings concerns after the company announced the date of its Q3 results but didn’t pre-announce results. Also, Netflix closed down more than -9% after forecasting Q2 revenue below consensus. In addition, Jabil closed down more than -8% after CEO Wilson was placed on paid leave pending the completion of an investigation relate... Read more
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
AP - 30 minutes ago
The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street across the finish line of another losing week
Google Reverses $15 Minimum Wage Mandate for Contract Workers
Quiver Quantitative, Inc. - 33 minutes ago
Alphabet Inc's Google (GOOGL) is set to revise its previous mandate for suppliers and staffing agencies, eliminating the policy enacted in 2019 that required a $15 minimum wage and certain benefits for...
Broader Market Retreats on Middle East Strife and Tech Stock Weakness
Barchart - 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.05%. US stock indexes...
Tennessee Volkswagen workers to vote on union membership in test of UAW's plan to expand its ranks
AP - 1 hour ago
The United Auto Workers’ ambitious drive to expand its reach to nonunion factories across the South and elsewhere faces a key test Friday night, when workers at a Volkswagen plant in Chattanooga, Tennessee,...
Why Micron Technology (MU) Shares Are Sliding Today
StockStory - Fri Apr 19, 2:38PM CDT
Why Micron Technology (MU) Shares Are Sliding Today
Why Marqeta (MQ) Shares Are Falling Today
StockStory - Fri Apr 19, 2:37PM CDT
Why Marqeta (MQ) Shares Are Falling Today
Sectors sorted by Daily Weighted Alpha Change
