Tech Sell-Off Sparks Market Decline as S&P 500 and Nasdaq Retreat

Thursday, 11 July 2024, 18:10

The stock market faced a decline today as the S&P 500 and Nasdaq dropped from their record highs. Investors are closely watching Jerome Powell's policy update to Congress for clues on rate-cut prospects amidst the tech sell-off. The market sentiment is cautious as uncertainties loom over the future direction of key indices.
Yahoo Finance
Tech Sell-Off Sparks Market Decline as S&P 500 and Nasdaq Retreat

Tech Sell-Off Impact

The stock market saw a decline today as the S&P 500 and Nasdaq retreated from their record highs.

Jerome Powell Policy Update

Investors are on high alert for clues on rate-cut prospects.

Market Sentiment

Cautious atmosphere prevails amidst uncertainties.


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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