Wall Street's main indexes closed sharply lower on Thursday, marking their deepest one-day declines since June as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.
Broadcom Inc forecast current-quarter revenue above Wall Street estimates on Thursday, encouraged by the upcoming 5G phone launches and strong demand for its data-center chips from the growing remote work market.
Stocks fell in historic fashion after a string of record-breaking sessions. The Dow in particular plunged over 800 points to its worst single-session drop since June, despite the number of first-time filers for unemployment benefits totaling 881,000 -- well below last week's.
A gauge of global stocks fell on Thursday from a record high in its biggest one-day decline in nearly three months as the technology sector sold off, while the dollar continued its bounce from more than two-year lows.
The Japanese yen and Swiss franc strengthened against the dollar on Thursday afternoon as a selloff in the U.S. stock market drove investors into the safe-haven currencies.
Wall Street's main indexes closed sharply lower on Thursday, marking their deepest one-day dives in months as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.
Wall Street's main indexes tumbled on Thursday and were on track for their deepest one-day dives since June as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.
So much for that record high. One day after setting another all-time high, the S&P 500 Index (SNPINDEX: ^GSPC) is in a rout, down 3.1%, or more than 100 points, just before 1 p.m. EDT on Sept. 3. In a typical year, a 3% move down would likely go down as the worst day of th
What happened
The stock market crashed hard on Thursday, Sept. 3. At 1:15 p.m. EDT, the Dow Jones Industrial Average stood 2.6% lower and the broader S&P 500 index had fallen 3.4%. The tech-heavy Nasdaq Composite led the pack with a decline of 4.6%, giving us a big clue to t
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
High-flying tech stocks were selling off hard on Thursday, driving the Dow Jones Industrial Average (DJINDICES: ^DJI) down 1.8% by 11:45 a.m. EDT. Filings for jobless claims declined slightly last week from the week before, according to a Labor Department report, but a change in
Wall Street's main indexes tumbled on Thursday, heading for their worst day since June as investors dumped high-flying technology-focused stocks, while economic data highlighted concerns about a long and difficult recovery.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been a huge performer for much of 2020, bouncing back quickly from the COVID-19 bear market in late February and March and soaring to new record highs. Yet all of that turned around on Thursday morning, as the index quickly plunged m
Apple Inc plans to delay updates to its next mobile operating system that could change how ads are targeted on iPhones and iPads, technology news website The Information reported on Thursday, citing people familiar with the matter.
Apple Inc plans to delay updates to its next mobile operating system that would change how ads are targeted on iPhones and iPads, technology news website The Information reported on Thursday, citing people familiar with the matter.
Brazil's real firmed to a near one-month high on Thursday as a clutch of data raised hopes of a steady post-pandemic economic rebound, while Latin American stocks tracked declines on Wall Street as investors dumped high-flying tech stocks.
Tesla Inc shares fell for a third straight day on Thursday, as investors who have been betting on the electric-car maker's growth prospects cashed in on the meteoric rally in the stock price this year.
Wall Street's main indexes tumbled on Thursday, heading for their worst day since June as investors dumped high-flying technology-focused stocks, while economic data highlighted concerns about a long and difficult recovery.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Dynamic Large Cap Growth ETF (Symbol: PWB) where we have detected an approximate $206.3 million dollar inflow -- that's a 26.5% increase we