• Mon, Mar 2, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

17 January 2025 04:13  |

S&P 500 Snaps Three-Day Win Streak, Apple Drags Nasdaq to Losing Session

The S&P 500 slipped Thursday, ending a three-day winning streak, as big tech shares pulled back.

The broad market index inched down 0.2%. The tech-heavy Nasdaq Composite slipped about 0.9%. The Dow Jones Industrial Average slipped 68 points, or nearly 0.2%.

Apple shares were down 4%, posting their worst day since Aug. 5. Tesla dropped more than 3%. Nvidia slid about 2%, and Alphabet lost around 1%.

The major averages gave up gains from earlier in the day, which came on the back of strong corporate earnings. Morgan Stanley beat earnings expectations, sending the stock up 4%. Bank of America also exceeded bottom-line estimates, but the stock slipped about 1%. The results come a day after other financial peers such as JPMorgan Chase and Goldman Sachs also beat fourth-quarter estimates.

Source : CNBC

 

Related News

MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

European markets close higher Oil and gas stocks retreat

European markets closed higher Monday, gaining ground through the afternoon as investors reviewed the geopolitical situation ...

29 October 2024 11:01
MARKET UPDATE

European Markets Set to Open Lower Ahead of European Growth...

European markets are heading for a negative open on Wednesday as investors await the latest growth data from the region, the ...

30 October 2024 13:24
HANGSENG

Hang Seng Ends 0.4% Higher Amid Upbeat Wall Street Sentimen...

The Hang Seng rose 87 points, or 0.4%, to close at 19,664 on Tuesday (11/19), marking its second session of gains amid positi...

19 November 2024 15:25
BIAS23.com NM23 Ai