Stock market today: Dow drops over 300 points amid a tech stock rout
The tech-heavy Nasdaq Composite fell 1.58% while the S&P 500 lost 1.12%. The Dow Jones shed 333 points to end the day.
Stock market today: Dow, S&P, Nasdaq slide on Big Tech losses, but weekly gains hold
As the 10-year Treasury yield ( ^TNX) hovered near seven-month highs around 4.6%, stocks pulled back. The S&P 500 ( ^GSPC) lost 1.7%, while the tech-heavy Nasdaq Composite ( ^IXIC) shed 2.3%. The Dow Jones Industrial Average ( ^DJI) gave up 1.1%.
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The main indexes sold off at the open and stayed lower through the close, putting the Santa Claus rally at risk.
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Apple stock was the leader of the pack with a decline of only 1.6%. It was followed by Meta Platforms, down 1.9%, and Alphabet and Microsoft, both down 2.3%. Amazon.com was down 2.5%. Nvidia and Tesla were the biggest laggards, falling 3.3% and 4.6%.
Stock market today: Dow, S&P 500, Nasdaq slide as Treasury yields hover near 7-month highs
United Airlines is the best performer of the group — its stock soared 144% in 2024. Meanwhile, Alaska Air Group shares are up nearly 72% for the year. Delta Air Lines rose 55% in that timeframe, and JetBlue climbed 41%.
Stock market today: Wall Street slips as technology stocks drag on the market
Stocks slipped as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.4% Friday and the the Dow Jones Industrial Average lost 402 points, or 0.9%. The Nasdaq
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