Nasdaq leads losses as tech weakness dents Wall Street

A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 28, 2021. REUTERS/Andrew Kelly

Register now for FREE unlimited access to reuters.com


  • Banks extend gains as yields rise
  • Factory activity expands in November
  • Tesla, Microsoft lead losses among trillion-dollar tech stocks
  • Indexes down: Dow 0.01%, S&P 0.41%, Nasdaq 1.24%

Nov 23 (Reuters) – The Nasdaq lagged its Wall Street peers on Tuesday as rising Treasury yields weighed on major technology stocks, while gains in banks and energy helped limit losses in the S&P 500 and

Read More

S&P 500, Dow tumble as Wall Street heads for monthly losses

A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo

  • S&P 500 set to snap seven-month winning streak
  • Indexes down: Dow 1.25%, S&P 0.86%, Nasdaq 0.30%

Sept 30 (Reuters) – The S&P 500 and the Dow tumbled on Thursday as concerns over economic growth and a possible government shutdown saw Wall Street headed for a steep monthly drop, while losses in the Nasdaq were mitigated by major technology stocks.

A batch of mixed economic data spurred large swings in the markets, as investors weighed a

Read More

Stocks mixed as volatile month rolls on; Nasdaq pares earlier losses

Stocks turned positive Wednesday, with all three major stock indexes pushing higher during the afternoon session following a report that Congress might reach a short-term agreement to raise the government borrowing limit and prevent a default.

The Nasdaq pared earlier losses to trade in slightly positive territory Wednesday afternoon, with investors swooping in to buy a dip in tech and growth stocks. The index had been down by as much as 1.2% earlier in Wednesday’s trading day. Both the S&P 500 and Dow also gained, cutting losses after Bloomberg reported that Senate Minority Leader Mitch McConnell was set to offer

Read More

Opinion: Big losses ahead for markets? Jeremy Grantham’s terrifying new forecasts

If you have a 401(k) and you’re of a nervous disposition, you probably don’t want to look at the chart above.

Even by the standards of GMO, the super-cautious money management firm in Boston best known for its famous co-founder Jeremy Grantham, it’s terrifying.

It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts. Large company U.S. stocks like the S&P 500
? Small company U.S. stocks like the Russell 2000
? International stocks? U.S. bonds, foreign bonds, inflation-protected bonds? GMO thinks if

Read More

Asian stocks track losses on Wall Street with investors wary

BANGKOK (AP) — Shares were mostly lower in Asia on Friday after stocks pulled back from their recent record highs on Wall Street as bond yields fell and investors turned cautious.

Tokyo’s Nikkei 225 lost nearly 2%. Shares fell in Seoul, Sydney and Shanghai but rose in Hong Kong.

U.S. futures declined


and the yield on the 10-year Treasury note
rose to 1.34%. On Thursday it fell to 1.30%, its lowest level since February. It recently was trading at 1.74%.

Traders have been shifting money into bonds in recent weeks, pulling down the benchmark yield, which

Read More