ON
← Back to feed
Wall Street closes in the red for falling technology
MX📈 Economy5 hr. ago

Wall Street closes in the red for falling technology

The New York stock exchanges closed in the red on Thursday, with the main indicator, the Dow Jones Industrial Average, falling 0.2%. The decline was driven by losses in technology stocks. At the close, the Dow stood at 52,552 points, the S&P 500 dropped 0.51% to 7,533 points, and the Nasdaq fell 1.47% to 25,881 points. Among the most affected companies were Taiwan Semiconductor Manufacturing Company (TSMC), which fell 2.3% after raising its capital expenditure forecast for the year, and Alphabet, which dropped 4.4% after delaying the launch of its advanced AI model. Other major tech firms like Nvidia, Meta, Amazon, Micron Technology, and Advanced Micro Devices also experienced significant declines. In geopolitical news, the price of West Texas Intermediate (WTI) crude oil fell 0.82% despite recent attacks between the United States and Iran. Iran claimed responsibility for attacking U.S. military targets in Jordan, Kuwait, and Bahrain in response to U.S. airstrikes against Iranian territory. Meanwhile, the leader of the Houthi rebels in Yemen warned that Saudi Arabian oil facilities could become targets if Riyadh launches a large-scale operation against Houthi-controlled areas.

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

1 reports

El Universal logoEl UniversalIndependentCenter5 hr. ago
Wall Street closes in the red for falling technology

The New York stock exchanges closed in the red on Thursday, with the main indicator, the Dow Jones Industrial Average, falling 0.2%. The decline was driven by losses in technology stocks. At the close, the Dow stood at 52,552 points, the S&P 500 dropped 0.51% to 7,533 points, and the Nasdaq fell 1.47% to 25,881 points. Among the most affected companies were Taiwan Semiconductor Manufacturing Company (TSMC), which fell 2.3% after raising its capital expenditure forecast for the year, and Alphabet, which dropped 4.4% after delaying the launch of its advanced AI model. Other major tech firms like Nvidia, Meta, Amazon, Micron Technology, and Advanced Micro Devices also experienced significant declines. In geopolitical news, the price of West Texas Intermediate (WTI) crude oil fell 0.82% despite recent attacks between the United States and Iran. Iran claimed responsibility for attacking U.S. military targets in Jordan, Kuwait, and Bahrain in response to U.S. airstrikes against Iranian territory. Meanwhile, the leader of the Houthi rebels in Yemen warned that Saudi Arabian oil facilities could become targets if Riyadh launches a large-scale operation against Houthi-controlled areas.

Bias read (Center): The article provides a factual account of market movements and geopolitical developments without overtly favoring any particular side. It reports on stock market performance and includes quotes from various entities without apparent bias.

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €5/month.

Become a Supporter

Related stories