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Nasdaq Composite Sinks More than -2.5% with MSFT Leading the Decline
9 Articles
9 Articles
Nasdaq 100 Gets Hit as Microsoft Sinks on Results: Markets Wrap
(Bloomberg) -- A tech selloff dragged down stocks amid no signs of easing up on artificial-intelligence spending even as doubts persist about the staying power of demand to justify all that capital. Small moves in bonds and the dollar contrasted with a surge in commodities from gold to oil.
·Bern, Switzerland
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arvopaperi.fi
arvopaperi.fiTechnology companies are publishing earnings reports that exceed expectations, but investors' fears remain.
This twist came hand in hand with the global purchases of dollars -dollar index erased its fall and rebounded 0.1%-, after the massive capital spending foreseen by Microsoft frightened investors, and dragged the Nasdaq index of technological shares to losses of more than 2%.
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Total News Sources9
Leaning Left2Leaning Right2Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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