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The Dow Jones Industrial Average dropped 748 points, or 1.7%, and the Nasdaq composite tumbled 2.2%. The preliminary report from S&P Global said activity unexpectedly shrank for U.S. services ...
Megacap tech stocks led the drop, with Apple shares down more than 3% for their worst daily drop since August. Tesla similarly fell 3%, while Nvidia dropped almost 2% and Alphabet lost more than 1%.
U.S. stocks drop at Friday's open and are on track for a weekly loss. The DOJ's probing UnitedHealth, sending shares and indexes lower.
West Texas Intermediate crude fell 1% to $69.86 a barrel. Brent crude , the international benchmark, was down 1% to trade at $72.57 a barrel. Gold fell 1.6% $2,611.60 an ounce.
U.S. Bancorp, meanwhile, fell to one of the worst losses in the S&P 500 after reporting results for the latest quarter that fell short of analysts’ expectations. It dropped 5.6%.
The S&P 500 fell 1.1%, its third straight decline. Roughly 90% of stocks within the index lost ground. Stock market today: Wall Street slips in final days of a banner year for US stocks
Nvidia, the superstar stock responsible for a chunk of Wall Street’s rally to records in recent years, fell 1.1% to extend its weekslong funk. It has dropped more than 13% from its record set ...
Why one firm sees the US stock market headed for a third-straight year of 20% gains in 2025. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 2% to $73.11 a barrel.
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