Nasdaq 100 slides 1% as rate hike odds jump
The Nasdaq 100 fell 1% to 29,359 after Kevin Warsh said inflation trends have not meaningfully improved, pushing September hike odds to about 60% from 35% before his Jackson Hole speech.
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The Nasdaq 100 fell 1% to 29,359 after Kevin Warsh said inflation trends have not meaningfully improved, pushing September hike odds to about 60% from 35% before his Jackson Hole speech.
The Nasdaq 100 officially slipped into correction territory on Tuesday, falling more than 10% from its early June record high as the AI-driven sell-off deepened on mounting concerns over rising competition from China. The memory sector has been at the heart of July’s rout. SanDisk Corp. (NASDAQ: SNDK ) — the S&P 500’s
U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining more than 1% on Tuesday. The Dow traded up 1.25% to 52,860.91 while the NASDAQ slipped 0.01% to 24,928.70. The S&P 500 also rose, gaining, 0.34% to 7,438.49. Leading and Lagging Sectors Consumer staples shares jumped by 3.6% on Tu
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The Indian government has directed GitHub to remove Jack Dorsey ‘s Bitchat repositories amid the ongoing student protests in Delhi. Technology & Software The U.S. Defense Department awarded Oracle Corp (NYSE: ORCL ) a 10-year, nearly $7 billion enterprise software agreement negotiated by the Department of the Navy, mar