Nasdaq, Selloff Drags
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The Nasdaq Composite(NASDAQINDEX: ^IXIC) has been a key player in stock market gains and enthusiasm over the past two years. This tech-heavy index has charged ahead, delivering double-digit gains ...
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.
Futures are pointing to a lower open again. At the moment, the Dow is down 163 points. The S&P 500 is down about 19, with the Nasdaq down about 61 points. “Markets are on a three-day losing streak as investors show fatigue following a 30% rally since April,
Wall Street rebounded in 2023 after a highly disappointing 2022. The rally was primarily led by growth stocks, especially, technology stocks. Consequently, the tech-heavy Nasdaq Composite Index ...