Shares of NVIDIA Corp. fell 2.77% as the stock market experienced a poor trading session, with the S&P 500 Index dropping 0.28% and the Dow Jones Industrial Average falling 0.51%.
Canada's main stock index, the S&P/TSX Composite Index, is expected to rise 3.5% by year-end due to concerns over China's slowdown and higher borrowing costs, but it may experience a correction, according to a Reuters poll of portfolio managers and strategists.
Shares of Cboe Global Markets Inc. fell 0.93% to $150.27, ending a two-day winning streak, as the stock market had a positive trading session with the S&P 500 and Dow Jones Industrial Average rising 1.45% and 0.85% respectively; the stock closed $2.10 below its 52-week high.
Stocks fell in morning trading on Wall Street, with the S&P 500 down 0.7%, as big technology stocks and healthcare stocks experienced losses, while several companies made significant moves after reporting earnings and other updates.
Shares of Netflix Inc. fell 0.65% on a rough trading session for the stock market.
Microsoft Corp. shares slipped 0.20% as the stock market experienced a rough trading session, with the S&P 500 and Dow Jones Industrial Average also falling.
Apple shares fell over 2.6% as China plans to extend a ban on iPhone use to state-owned corporations, while Dutch Bros dropped 6% after announcing a public offering of $300 million in shares, and Dave & Buster's shares fell over 3% due to weaker-than-expected earnings.
The stock market opened positively, with the Nasdaq up 0.6%, but later faded; major indexes are below their 50-day moving averages as investors await key economic data midweek.
U.S. stocks fell on Tuesday, with tech stocks dragging down indexes after Apple unveiled its latest iPhone and the Justice Department's antitrust case against Google went to trial in Washington. The Nasdaq sank 1%, while the S&P 500 fell 0.6% and the Dow Jones Industrial Average closed 0.1% lower.
Shares of Cboe Global Markets Inc. declined 1.01% as the stock market experienced mixed trading, with the S&P 500 rising and the Dow Jones falling.
Shares of Microsoft Corp. fell 2.50% as the stock market experienced a dismal trading session, ending its two-day winning streak.
Shares of Alphabet Inc. Cl A fell 0.51% as the stock market experienced a dismal trading session, although it outperformed some of its competitors.
Shares of Canopy Growth Corp. fell 11.54% after a rough trading session for the Canadian market.
Shares of Tesla Inc. TSLA fell 2.62% to $255.70 as the stock market experienced a poor trading session, with NASDAQ and Dow Jones also declining.
Starbucks Corp. shares dropped by 2.16% as the stock market took a hit, resulting in their third consecutive day of losses.
Shares of Ford Motor Co. slumped 0.32% as the stock experienced its second consecutive day of losses, closing $3.03 short of its 52-week high.
Shares of Coca-Cola Co. fell 4.1% due to concerns about high interest rates and a slowing job market impacting the U.S. economy.
Canada's main stock index, the S&P/TSX composite index, fell 0.8% as U.S. inflation data caused long-term borrowing costs to rise, resulting in a pullback in bond yields and a decline in interest-rate sensitive sectors.
Stocks opened lower on Wednesday as rising Middle East tensions and lackluster earnings from Morgan Stanley weighed on investor sentiment. The Dow Jones Industrial Average fell over 0.2%, while the S&P 500 dropped nearly 0.5% and the Nasdaq Composite slipped 0.3%.
The stock prices of public companies in Minnesota have fallen, with an average decrease of 60% since their initial public offerings, due to an increase in companies going public that shouldn't have, according to experts.
