Dow Jones Today | US Stock Market Highlights: S&P 500 books back-to-back losses as tech sells off, Bank of America slides after earnings

2 hours ago

HomeMarket NewsDow Jones Today | US Stock Market Highlights: S&P 500 books back-to-back losses as tech sells off, Bank of America slides after earnings

Dow Jones | Nasdaq Today | US Stock Market News Highlights:  Stocks moved lower on Wednesday (January 14) for a second day, pulling back further from record levels, as traders digested a fresh batch of earnings and monitored geopolitical developments. The S&P 500 dropped 0.5%, while the Dow Jones Industrial Average lost about 42 points, or around 0.1%. The Nasdaq Composite shed 1%.

Dow Jones | Nasdaq Today | US Stock Market News Highlights:  Stocks moved lower on Wednesday (January 14) for a second day, pulling back further from record levels, as traders digested a fresh batch of earnings and monitored geopolitical developments. The S&P 500 dropped 0.5%, while the Dow Jones Industrial Average lost about 42 points, or around 0.1%. The Nasdaq Composite shed 1%.

Tech bogged down the broader market. Chip stocks in particular suffered losses, as Broadcom lost 4% and Nvidia and Micron Technology shed more than 1% each. On Wednesday, Reuters, citing people briefed on the matter, reported that Chinese customs authorities have advised customs agents that Nvidia’s H200 chips are not permitted to enter the country.

Read Full Article at Source