Nasdaq falls on tech selloff; Dow flat, S&P 500 down
By Market Pulse ·
- The market closed mixed with tech-led losses dragging down the Nasdaq and S&P 500, while the Dow held near unchanged.
- Indices: Nasdaq Composite fell 2.6%, S&P 500 dropped 1.21%, Dow Jones Industrial Average closed nearly flat ChartMill - Technology sector: Sold off broadly amid concerns over AI spending, with the Nasdaq 100 falling 2.9% Yahoo Finance - Lockheed Martin (LMT): Rose 6.96% to $589.91 as money rotated into defense stocks ChartMill - Moderna (MRNA): Sank 3.5% premarket after an 18% drop the prior day on leaked cancer-vaccine data Yahoo Finance - Bloom Energy (BE): Plunged nearly 9% at close on concerns over capital expenditure and cash flow following Q3 results Yahoo Finance - Semiconductor stocks: Rebounded after earlier selloff, with SK Hynix rising 5% premarket after halting review of U.S. subsidiary Solidigm's IPO Yahoo Finance
Not financial advice. Summarised automatically from the linked news.