Lates News
The S&P 500 index fell by 0.6% in preliminary trading, ending a nine-day winning streak and the longest upward trend since 2004. The energy sector dropped by 2.1%, the consumer discretionary sector by 1.3%, and the technology sector by 0.9%. The Nasdaq 100 index also fell by 0.7%, with stocks such as Ansem, Grail, Starbucks, and Apple leading the decline with drops of at least 3%. Tesla and MSTR fell by over 2%, while AMD rose by 1.8%. Chevron and Nike both fell by over 2%, joining Apple as the worst-performing stocks in the Dow Jones index, while UnitedHealth, McDonald's, and IBM rose by over 1%.
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