Nasdaq falls for a second day following worst session since October, Apple declines again: Live updates
Publishing timestamp: 2024-01-03 12:53:52
Summary
The article discusses the recent decline in stock prices, particularly in the tech sector, after the Nasdaq Composite had its worst daily decline in nearly three months. It mentions that investors may be selling last year's tech winners and that there is uncertainty around when the Federal Reserve will begin cutting rates. The article also discusses the performance of biotech and pharmaceutical stocks, the decline in Xerox shares, the rise in oil prices, and the performance of European and Asian markets. It concludes by mentioning the concerns some investors have about the viability of the AI trend.
Sentiment: MIXED
Tickers: MRK, GD, INTC, MRNA, ABBV, AMGN, NVDA, GILD, NDAQ, DIS, JNJ, TSLA, AMD, VRTX, TMUS, GOOGL, @SP.1, 700-HK, .IXIC, SOFI, PFE, XRX, 2330-TW, AMP, AAPL, .SPX, SMH, MARA, @ND.1, ODP, META, MSFT, @DJ.1, US10Y, 9999-HK, .HSI, UNDEFINED, PGTI, .STOXX, .DJI, REGN, .KS11, BLMN, SHW, PENN, LLY, COIN,
Keywords: nvidia corp, markets, united states, apple inc, dow jones fut (mar'23), bloomin' brands inc, meta platforms inc, s&p 500 index, advanced micro devices inc, alphabet inc, nasdaq composite, stock markets, nasdaq 100 fut (mar'23), dow jones industrial average, intel corp, u.s. 10 year treasury, microsoft corp, vaneck semiconductor etf, tesla inc, business news, breaking news: markets, s&p 500 fut (mar'23),
Source: https://www.cnbc.com/2024/01/02/stock-market-today-live-updates.html