opinions

How major US stock indexes fared Wednesday, 4/17/2024

Font size+Author:International Image news portalSource:health2024-05-22 09:31:27I want to comment(0)

Sinking technology stocks sent Wall Street lower again, and the S&P 500 fell to its fourth strai

Sinking technology stocks sent Wall Street lower again, and the S&P 500 fell to its fourth straight loss.

The index dipped 0.6% Wednesday for its longest losing streak since early January. The Dow Jones Industrial Average edged down by 0.1%, and the Nasdaq composite fell 1.1%. Tech stocks slumped after ASML, a Dutch company that’s a major supplier to the semiconductor industry, reported weaker orders than analysts expected. That helped overshadow stronger quarterly profit reports than expected from United Airlines and other big companies. Treasury yields fell following a sharp tumble in oil prices.

On Wednesday:

The S&P 500 fell 29.20 points, or 0.6%, to 5,022.21.

The Dow Jones Industrial Average fell 45.66 points, or 0.1%, to 37,753.31.

The Nasdaq composite fell 181.88 points, or 1.1%, to 15,683.37.

The Russell 2000 index of smaller companies fell 19.53 points, or 1%, to 1,947.95.

Related articles
  • Ecuador: Fire department honors five rescue dogs during retirement

    Ecuador: Fire department honors five rescue dogs during retirement

    2024-05-22 09:22

  • Charges revealed against former Trump chief of staff in Arizona fake elector case

    Charges revealed against former Trump chief of staff in Arizona fake elector case

    2024-05-22 09:18

  • Union Pacific undermined regulators' efforts to assess safety, US agency says

    Union Pacific undermined regulators' efforts to assess safety, US agency says

    2024-05-22 08:38

  • Fury road! Anya Taylor

    Fury road! Anya Taylor

    2024-05-22 07:23

Netizen comments