The major US stock indices fell across the board, with technology stocks under pressure collectively
Publication Time:2024-08-08 04:06:07
In the latest trading day, the overall US stock market showed a downward trend. The Dow Jones Industrial Average fell by 0.6%, while the NASDAQ Composite Index, which is more closely watched, saw a steeper decline of 1.05%. Meanwhile, the S&P 500 index also recorded a 0.77% drop. Notably, this stock market adjustment was primarily driven by the impact on technology stocks, with NVIDIA's stock plummeting over 5% and Tesla's stock declining by more than 4%, highlighting the pressure on the technology sector. This stock market downturn reflects investors' concerns about economic prospects and adjustments to growth expectations for the tech industry. Future market movements should be closely monitored as related factors change.
Tesla
NVIDIA
US Stocks
S&P 500 Index
Dow Jones Industrial Average
NASDAQ Composite Index
Technology Stocks