Wall Street Points Lower with Tech Companies that Fueled Early Week Rally Now in Retreat

Wall Street points lower with tech companies that fueled early week rally now in retreat

NEW YORK (AP) — Stocks fell in morning trading on Wall Street Tuesday, pulled down by losses in the same big tech companies that have been the main drivers of the market’s rally so far this year. The S&P 500 fell 0.5%. The Dow Jones Industrial Average fell 83 points, or 0.2%, as of 10:42 a.m. Eastern time. The Nasdaq composite sank 0.8%. The majority of stocks within the S&P 500 fell and the biggest weights were technology companies. Palantir Te…

Stocks Tumble as Wall Street Flags Sky-High Prices: Markets Wrap

(Bloomberg) -- The global stock rally hit a speed bump as earnings from artificial-intelligence bellwether Palantir Technologies Inc. failed to impress and Wall Street chiefs warned of a potential correction due to rich valuations.

Asia markets mostly poised to fall despite Wall Street tech rally

Asia Pacific markets were mostly set to fall Tuesday, breaking ranks from Wall Street, which saw a tech-fuelled rally stateside.