Jackson Hole, Powell and NASDAQ futures
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Salesforce (NYSE: CRM) and Adobe (NASDAQ: ADBE) are down more than 20% year to date despite a 12% gain in the Nasdaq. Here's what's driving the sell-off in these artificial intelligence (AI) growth stocks, and if they could be worth buying now.
Shares of Workday, Inc. (WDAY) fell more than 3% on Friday after the company reported second-quarter results and issued third-quarter sales guidance below estimates. Additionally, the company announced it will acquire Paradox. Commodities In commodity news, oil traded up 0.4% to $63.80 while gold traded up 1.1% at $3,417.80.
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Investor's Business Daily on MSNStock Market Today: Dow, Nasdaq Slip As Solar Stocks Shine; This Education Equity On 56% Run Clears Entry (Live Coverage)
The Dow Jones, Nasdaq and S&P 500 indexes slip. Amazon and Meta fell on the stock market today. Solar stocks shined on positive news.
U.S. stocks were extending their losses in midday trading on Tuesday, with the Dow Jones Industrial Average retreating from an intraday record, while a selloff in semiconductor stocks was weighing on the S&P 500 and the Nasdaq Composite.
10 stocks we like better than Arm Holdings › The Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced 857% during the last two decades, equivalent to an annual return of 12%.
US Stock Market Today slipped into caution on Thursday as the Dow Jones fell 230 points, the S&P 500 marked its fifth straight loss, and the Nasdaq ended slightly weaker. The days biggest shock came from Walmart earnings,