S&P 500 falls and heads for worst week since December: Live updates
Publishing timestamp: 2023-02-10 12:42:31
Summary
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are all on track to end the week with losses. Ride-hailing platform Lyft tanked more than 35% after disappointing fiscal fourth-quarter report, while Expedia also saw its shares fall by more than 8%. Several stocks made big moves in premarket, including Lyft, Yelp, Newell Brands, Fleetcor Technologies, Deutsche Bank, Alphabet, Spotify, Bank of America, ValueAct, Goldman Sachs, Morgan Stanley, and Disney. Oil prices rose after Russia said it will cut output by 500000 barrels day, while aluminum hit a low not seen in around a month. Consumer sentiment has risen in February but so have short-term inflation expectations. Dan Greenhaus believes technicals in stock market have turned more bullish.
Sentiment: MIXED
Tickers: YELP, DB, @DJ.1, SPOT, NWL, @ND.1, GOOGL, .IXIC, @SP.1, @LCO.1, EXPE, PYPL, .SPX, .DJI, @CL.1, LYFT,
Keywords: s&p 500 index, dow jones industrial average, breaking news: markets, united states, expedia group inc, lyft inc, nasdaq 100 fut (mar'23), markets, dow jones fut (mar'23), business news, nasdaq composite, s&p 500 fut (mar'23), patrick harker, economic events,
Source: https://www.cnbc.com/2023/02/09/stock-market-today-live-updates.html