Nasdaq plunges on tech earnings; S&P and Dow fall
By Market Pulse ·
The US market declined sharply as weak tech earnings triggered a broad selloff.
- Indices: S&P 500 down 1.07%, Dow Jones down 0.76%, Nasdaq 100 down 2.05% [24/[address hidden].]( hidden]) - Nasdaq: Composite fell 2.42% at midday, led by tech selloff after Amazon and Intel earnings [24/[address hidden].]( hidden]) - Amazon: Stock slid after Q3 earnings miss despite strong cloud growth Investor's Business Daily - Intel: Plunged 25% in premarket on weak Q4 guidance after mixed Q3 results Bloomberg - Digital Turbine: Down 12.5% after delaying Q2 earnings report [24/[address hidden].]( hidden]) - Crypto-linked stocks: Fell as Bitcoin declined and Binance suspended deposits and withdrawals Bloomberg
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