US stocks closed higher; Technology leads while Consumer Staples lags
- S&P 500+0.3%
- Nasdaq 100+0.6%
- Dow-0.4%
- Russell 2000+0.2%
Chip stocks rallied, per CNBC, as the S&P 500 snapped a three-day skid on Election Day.
Chip stocks rallied, per CNBC, as the S&P 500 snapped a three-day skid on Election Day.
Nasdaq is rebounding as chip stocks bounce, while Dow is dragged lower by Apple shares, per CNBC.
Per CNBC, tech melted down again as the Nasdaq fell about 1%, while the Dow rose.
Oil prices are falling on Mideast hopes, per WSJ, helping stocks rebound after Friday's selloff.
Intel's steep drop and a tech selloff drove the decline, per Yahoo Finance and Kiplinger.
Nasdaq dives as Amazon and Intel earnings fuel a tech rout, per Yahoo Finance and Business Insider.
Per Bloomberg, the Nasdaq 100 fell 1.5% as AI trade shows new cracks, and per Kiplinger the Nasdaq dropped on Alphabet's rare double miss.
Per CNBC, the S&P 500 is heading for its first loss in four days as Alphabet and Caterpillar fall after earnings.
Per Investopedia, stocks closed higher after the Fed held rates steady, with Treasury yields rising.
Per Yahoo Finance, the Nasdaq is wavering while the S&P 500 and Dow climb ahead of the Fed decision and Big Tech earnings.
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