Stock Market Close: S&P 500, Nasdaq end lower as chip stocks extend losses
India, June 27 -- US stock markets ended slightly lower on Friday after investors continued selling technology and AI-related stocks and shifted money into safer sectors like healthcare and consumer staples.
The S&P 500 slipped 0.1%, the Nasdaq Composite fell 0.2%, and the Dow Jones Industrial Average lost around 70 points, or 0.1%, by the close. For the week, the S&P 500 fell more than 1%, while the Nasdaq dropped around 4% because of heavy selling in technology stocks.
The Dow Jones was the only major index to end the week higher, gaining about 0.6%. Technology stocks remained under pressure after a New York Times report said OpenAI may delay its planned IPO until next year. The report said the delay is linked to SpaceX's weak stock p...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.