US EditionRollercoaster Day on Wall Street as Tech Stocks Swoon Amidst Market Jitters
4 Articles
4 Articles
Rollercoaster Day on Wall Street as Tech Stocks Swoon Amidst Market Jitters
Rollercoaster Day on Wall Street as Tech Stocks Swoon Amidst Market Jitters Wall Street experienced a turbulent day on Tuesday, with main indexes tumbling due to an expansive selloff in software and cloud technology stocks. This overshadowed promising earnings reports from companies like Palantir, as investors remained wary ahead of upcoming earnings from corporate giants Alphabet and Amazon.Major tech players, including Microsoft, Intuit, and A…
The fresh numbers from the second-quarter earnings season and expectations regarding the US interest rate path, as well as the spectacular correction in gold and silver, influenced the stock market sentiment on Tuesday. The day was good in Asia, the mood on the stock markets in Europe deteriorated, and a wave of selling in the tech sector started on the US stock markets, which ultimately pushed the main indices into the red. We saw a marked rebo…
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