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S&P 500 has biggest loss in nearly 4 weeks as tech stumbles

WorldNews Thursday, 23 July 2020 ()
S&P 500 has biggest loss in nearly 4 weeks as tech stumblesNEW YORK (AP) — Slumping stocks across most of Wall Street sent the S&P 500 to its worst loss in nearly four weeks on Thursday, undercut by a report showing layoffs are picking up across the country with coronavirus counts. Technology stocks had the sharpest drops after a better-than-expected profit report from Microsoft failed to satisfy investors expecting even more from the stock that's largely defied gravity and the pandemic this year. They helped drag the S&P 500 down 40.36 points, or 1.2%, to 3,235.66 for its first loss in five days. The Dow Jones Industrial Average lost 353.51 points, or 1.3%, to 26,652.33. The Nasdaq composite fell 244.71, or 2.3%, to 10,461. Other...
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StreetCitizen

StreetCitizen RT @yuriymatso: @87AlwaysRed That is definitely a possibility. But given the recent weakness in the leading tech stocks (especially softwar… 22 minutes ago

yuriymatso

Yuriy Matso @87AlwaysRed That is definitely a possibility. But given the recent weakness in the leading tech stocks (especially… https://t.co/41jgfo6GeD 10 hours ago

AxiTrader

AxiTrader ASIA OPEN: The #tech sector took a breather but managed to push #US #stocks higher. @steveinnes123 flags key potent… https://t.co/VrJ2O9ABE8 5 days ago

omdas2017

Om Das RT @next_china: The tech-heavy ChiNext and Star Board dip as Trump's TikTok assault opens a new front in the tech war between the U.S. and… 6 days ago

DailyRahnuma

The Rahnuma Daily US stocks open higher as tech sector leads - https://t.co/2JFPBDC18W https://t.co/BlC66Tveh8 6 days ago

Zulbahri_GB

Zulbahri Muhammad Daily News ---- Asian shares were on track to open higher on Tuesday, after strong manufacturing data and gains in… https://t.co/YPfw1O0x33 6 days ago

wallstsolver

Wall St Solver US stocks open higher as tech sector leads 📰 » https://t.co/OslkTnKMCc https://t.co/Z6LLOpUkF2 6 days ago

MohammadFarooq_

Mohammad Farooq RT @AxiTrader: ASIA OPEN: The #US #tech sector led #stocks higher overnight & #Asian markets are looking set for gains. @steveinnes123 expl… 6 days ago