Close Menu
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition
What's Hot

Brandy Reveals A Health Scare Shut Down Her Concert Early

Immortal Ohtani Blasts Dodgers to the World Series

Ebury chooses Birmingham for third UK office launch

Facebook X (Twitter) Instagram
Trending
  • Brandy Reveals A Health Scare Shut Down Her Concert Early
  • Immortal Ohtani Blasts Dodgers to the World Series
  • Ebury chooses Birmingham for third UK office launch
  • Yung Miami’s Daughter Gets Her Own Cosmetics Line
  • Hennessy and Lebron James Launch a New Collector’s V.S.O.P Limited Edition
  • Best Dressed At 2025 Dazzle At The Academy Museum Gala
  • Monica Ends The Boy Is Mine Concert Early As Brandy Rushes Off
  • Donald Trump Posts AI-Video of Him Dumping Feces On Protestors
Facebook X (Twitter) Instagram YouTube
THE MIRROR OF MEDIA
  • Home
  • Accounting
  • Banking
  • Business
  • Political
  • Crypto
  • Real Estate
  • Ecommerce
  • Entrepreneur
  • Investment
  • More
    • Music
    • Gossip
    • Pop Culture
    • Wall street
    • IPO’S
    • Mortgage/Loans
    • Venture Capitalists/Angel Investors
THE MIRROR OF MEDIA
You are at:Home»Business»S&P Falls for 4th Day, NASDAQ Posts Back-to-Back Losses
Business

S&P Falls for 4th Day, NASDAQ Posts Back-to-Back Losses

adminBy adminNo Comments2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email





Advertisment

The S&P 500 and NASDAQ Composite dipped on Wednesday, pressured by a broad decline in tech. Investors also weighed mixed retail earnings results and the Federal Reserve’s latest meeting minutes release.

The Dow Jones Industrials recovered 16.04 points to 44,938.31.

The broader index drifted lower 15.59 points to 6,395/78.

The NASDAQ dwindled 142.10 points to 21,172.86.

Wednesday marked a fourth day of losses for the S&P 500 and a second negative session for the NASDAQ.

Investors continued to take profits from several heavyweight technology and semiconductor names, fanning concerns about their high valuations and the strength of the artificial intelligence trade longer term.

Nvidia ended the session marginally lower, while Advanced Micro Devices and Broadcom each lost around 1%. Shares of Palantir declined about 1%, and Intel dropped about 7%.

Mega-cap tech companies Apple, Amazon, Alphabet and Meta Platforms also declined.

On the earnings front, Target shares dropped more than 8% — making the stock the S&P 500’s worst performer — after the retailer reported another decline in sales and announced a new CEO who will step into the role on Feb. 1.

Lowe’s, meanwhile, edged higher after the home improvement retailer’s earnings beat expectations.

Minutes from the Federal Reserve’s July meeting released Wednesday showed that central bankers expressed concerns about the state of the labor market and inflation, though most agreed that it was too soon to lower interest rates.

At the time, policymakers once more held steady on interest rates, but Fed Governors Christopher Waller and Michelle Bowman dissented, marking the first time two voting Fed officials have done so since 1993.

That comes ahead of remarks from Fed Chair Jerome Powell on Friday, which investors will monitor for insights into the path of interest rates. Fed funds futures are pricing in a nearly 85% likelihood of the central bank cutting interest rates at its next meeting in September.

Prices for 10-year Treasury gained ground Wednesday, lowering yields to 4.29% from Tuesday’s 4.31%. Treasury prices and yields move in opposite directions.

Oil prices gained 86 cents to $63.21 U.S. a barrel.

Gold prices recovered $29.80 cents at $3,388.50 U.S. an ounce.



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleTory Lanez’s Lawyers Say Meg Thee Stallion’s Testimony Was Flawed
Next Article K. Michelle Further Fuels #RHOA Rumors, Kenya Was ‘Right’
admin
  • Website
  • Facebook

The most informative business website online.

Related Posts

Ebury chooses Birmingham for third UK office launch

Hennessy and Lebron James Launch a New Collector’s V.S.O.P Limited Edition

Teacher education roadmap seeks to address specialization mismatch 

Comments are closed.

Don't Miss
Gossip

Brandy Reveals A Health Scare Shut Down Her Concert Early

Brandy is speaking out about the medical emergency that caused her to rush off the…

Immortal Ohtani Blasts Dodgers to the World Series

Ebury chooses Birmingham for third UK office launch

Yung Miami’s Daughter Gets Her Own Cosmetics Line

Hennessy and Lebron James Launch a New Collector’s V.S.O.P Limited Edition

Best Dressed At 2025 Dazzle At The Academy Museum Gala

Monica Ends The Boy Is Mine Concert Early As Brandy Rushes Off

Donald Trump Posts AI-Video of Him Dumping Feces On Protestors

How Trump is Building a Violent, Shadowy Federal Police Force — ProPublica

Teacher education roadmap seeks to address specialization mismatch 

Dame Dash Explains Cam’ron Lawsuit: Contradictions Everywhere

Partynextdoor, G Herbo, & More

Tyler Perry Says Accuser ‘Needs Help’ Amid $260M Assault Case

Vic Mensa Accuses Trump Of Causing Division In Chicago

Stacey Abrams’ New Georgia Project Officially Dissolves

About Us
About Us

LewLewBiz delivers practical insights on entrepreneurship, finance, and business operations. Explore expert advice on payroll, landlord strategies, and industry news to empower your financial decisions and business growth.

We're accepting new partnerships right now.

Email Us: lewlewmedia@gmail.com
Contact: lewlewmedia@info.com

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Brandy Reveals A Health Scare Shut Down Her Concert Early

Immortal Ohtani Blasts Dodgers to the World Series

Ebury chooses Birmingham for third UK office launch

Most Popular

Nigel Farage to meet Ineos tycoon Sir Jim Ratcliffe before Christmas

Jewar International Airport Set to Take Off – Will It Skyrocket Noida’s Real Estate Prices?

Craig Robinson Announces Exit From Comedy Career

© 2025 lewlewmedia since 2016
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition

Type above and press Enter to search. Press Esc to cancel.