On Wednesday, the S&P 500 closed lower after a 20% drop in Super Micro Computer's stock, which triggered a sell-off in chip stocks. The Dow Jones fell 0.60%, the S&P 500 decreased 0.7%, and the NASDAQ dropped 1%.
Treasury yields rose following a weaker-than-expected 10-year Treasury auction. Energy stocks gained from higher oil prices, with U.S. crude stocks falling more than anticipated.
In corporate news, Walt Disney’s stock fell 4% due to lower park profits, while Shopify surged 18% on strong results. Airbnb’s stock dropped 13% after a weak revenue forecast.
Despite recession fears and weak data, Citi remains optimistic about S&P 500 earnings for 2024, while Goldman Sachs noted increased market stress but no severe disruptions.
#KVB# #StockMarket# #NASDAQ# #Citibank# #NASDAQ# #investment# #trading# #DOW# #DowJones# #Disney# #UStreasuryyields#
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
加载失败()