Impact of Tech Sell-off on Stock Market Today

Thursday, 11 July 2024, 20:14

Tech giants Tesla and Nvidia led a sell-off in the stock market today, causing stocks to fall from recent record highs. Investors closely watch Federal Reserve Chair Jerome Powell's policy update to Congress for insights into potential rate cuts.
Yahoo Finance
Impact of Tech Sell-off on Stock Market Today

Stock Market Volatility

The stock market experienced a notable decline today due to a sell-off led by tech companies Tesla and Nvidia.

Federal Reserve Policy Update

Investors are paying close attention to Federal Reserve Chair Jerome Powell's testimony to Congress, seeking indications on future rate-cutting strategies.


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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe