... outperformance in the
Nasdaq
side with those lower yields.
The Dow Jones Industrial Average was down 114.85 points, or 0.37%, at 30,660, according to the Dow Jones Industrial Average. The
S&P
500 was down 9.89 points, or 0.26%, at 3,775. 49, and the
NasdaqComposite was down 5.81 points, or 0.05%, at 11,022.
Micron Technology Inc
dropped 5.6% as the memory-chip firm predicted current-quarter revenue below market expectations, which triggered concerns that the chip sector was turning toward a down cycle....
The tech sector has had a rough 2022 so far - the NASdaqCompositeComposite IXIC is down 27% year-to-date and many tech companies are holding off on hiring new employees' employees.
The tech sector has had a rough 2022 so far - the NASDAQComposite IXIC is down 27% year-to-date and many tech companies are ...
... beginning of the year. It entered a bear market earlier in June.
The Dow Jones Industrial Average fell 0.8% to 30,775. The
Nasdaq
dropped by 1.3% to 11,028. Technology companies were among the biggest weights on the market, as investors continued to ... ... $105 a barrel on
the New York Mercantile Exchange
. In Asia, Japan's benchmark Nikkei 225 dropped 1.7% and China's
Shanghai Composite
fell 0.3%. The yield on the 10 year
Treasury
fell to 3.01%.
... pound fell to 1.2113. The Japanese yen went up to 135.43. The Swiss franc fell to 0.9580.
Australian and New Zealand dollars were sold sharply to 0.6796 and
0.6176
respectively.
The
Dow Jones
was down 253.88 points over the night on Wall Street. The NasdaqComposite fell by 149.16 points. The worst financial year since 1970 was completed by the Standard and Poor's 500 dipped 33.45 points.
... economy, will go into a recession as interest rates continue to rise.
The Dow Jones Industrial Average, the biggest US stock index, fell by more than 15% in the first half of the year, the biggest drop for the period since 1962.
The technology-focused
NasdaqComposite
lost 30% of its value in the first half of the year, marking its largest percentage drop for the first half of a year.
The UK's
FTSE 250
has dropped by more than 20%, while the European Stoxx 600 index has fallen by more than 17% and the
MSCI
...
... in Portugal this week and expressed their renewed commitment to control inflation no matter what pain it caused.
The Dow Jones Industrial Average fell 253.88 points, or 0.82%, to 30,775. The S&P 500 lost 33.45 points, or 0.88%, to 3,785. 38 and the NasdaqComposite dropped by 149.16 points, or 1.33%, to 11,028. The S&P 500 has lost 20.6% since the beginning of the year.
The Pan-European STOXX 600 index lost 1.5% and the
MSCI
's gauge of stocks fell 1.12%.
The
MSCI
global stock index was down 20.9% for ...
... sharply this year because of concerns that the US central bank's interest rate could lead to the collapse of the North American economy.
Overnight, the
Dow
Jones index dropped 0.8 per cent to 30,775, the S&P 500 index fell 0.9 per cent to 3,785 and the
NasdaqComposite lost 1.3 per cent to 11,029.
All three major US stock indexes ended in negative territory in the month and the second quarter.
Both the S&P 500 and the
NasdaqComposite index are in a bear market, down more than 20 per cent from their peak....
... beginning to see signs that demand is easing and customer inventories are building.
Micron
shares have dropped 35% over the past 12 months, while
the PHLX Semiconductor Index SOX
has shed 12%, the S&P 500 Index
SPX
has fallen 12%, and the tech-heavy
NasdaqComposite Index
COMP
dropped 24%.