Add news
Ichigo Tanuki x Angels - Gimme! Gimme! Gimme! (ABBA cover)
Russian.city
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021
123456789101112
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Stocks close lower, pulling indexes below record highs

Stocks closed broadly lower on Wall Street Monday, pulling major indexes below the latest record highs they reached last week. The S&P 500 fell 0.5% and the tech-heavy Nasdaq lost 1%. Small-company stocks did worse than the rest of the market. Technology stocks had some of the biggest pullbacks, but the losses were shared broadly by a mix of banks, energy companies and others that depend on spending by consumers. Investors are turning their focus to company earnings reports, and looking to see if the upbeat forecasts for strong results hold true. Treasury yields rose.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

Stocks were broadly lower in afternoon trading on Monday, easing off of their latest record highs from last week.

Investors are shifting their focus now to company earnings, as the busiest time for quarterly results will be this week and next.

The S&P 500 index was down 0.7% as of 3:32 p.m. Eastern. The Dow Jones Industrial Average was down 175 points, or 0.5% to 34,024 and the Nasdaq fell 1.2%.

Technology stocks were the biggest weight on the market, but the losses were shared broadly by a mix of banks, energy companies and others that rely on direct consumer spending. Chipmaker Intel fell 2.3%, Capital One fell 1% and Valero Energy fell 2.8%.

Tesla dropped 3.7% after two people were killed in Texas in a crash of one of its models. Authorities say there was no one in the driver’s seat at the time of the crash. It's not clear whether the car’s driver-assist system was being used.

Smaller company stocks also fell. The Russell 2000 index was down 1.4%.

Earnings are front and center this week, as investors look to justify the recent rise in stock prices with the profits needed to keep the market fueled in this recovery. On...





Read also

Cooking with kids at home saw a boom during lockdown – here's why it needs to continue

Colonial Pipeline hack attack — Here’s a state-by-state breakdown of gas shortages

IRS: The Joe Biden Stimulus Check Letter Is Not a Scam





News, articles, comments, with a minute-by-minute update, now on Today24.pro



Today24.pro — latest news 24/7. You can add your news instantly now — here
News Every Day

Lopez-Kambosos moves to June 19, adds undercard