Tech Sell-Off Impacts S&P 500 and Nasdaq Performance
Thursday, 11 July 2024, 15:09
Tech Sell-Off and Market Decline
The stock market took a hit as S&P 500 and Nasdaq fell from record levels following a tech sell-off.
Jerome Powell's Policy Update
Investors are paying attention to Jerome Powell's update to Congress for indications on potential rate cuts.
- Concerns Over Tech Sector: The tech sell-off contributed to the decline in the S&P 500 and Nasdaq.
- Market Alertness: Investors are on high alert for clues regarding rate adjustments and market stability.
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.