Big Tech Stocks Trade Mixed with Apple Leading Declines

Monday, 16 September 2024, 13:01

Big Tech stocks trade mixed as Apple leads declines in the tech sector. Sharp drops in Apple, Nvidia, and Tesla weigh heavily on the market today. Investors are watching these movements closely, especially in the context of the RoundHill Magnificent Seven ETF's performance.
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Big Tech Stocks Trade Mixed with Apple Leading Declines

Market Overview of Big Tech Stocks

Big Tech stocks experienced a mixed trading session, highlighted by Apple's notable decline. The RoundHill Magnificent Seven ETF, which encompasses key players such as Apple, Nvidia, and Tesla, saw its value decrease by 0.9% as of Monday afternoon.

Individual Stock Performance

  • Apple: Down 2.8%
  • Nvidia: Dropped 2.2%
  • Tesla: Shed 1.2%
  • Amazon: Down 0.7%
  • Microsoft: Trading flat
  • Alphabet: Modest gain of 0.2%
  • Meta: Up 1.3%

These fluctuations underscore ongoing investor sentiment towards technology stocks in this heavily weighted segment of the stock market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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