Wednesday, September 29, 2021

What's behind the tech stock sell-off? Inflation!

Technology stocks dropped sharply on Tuesday in a painful trading session that led the Nasdaq Composite to its worst day since March.
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What's behind the tech stock sell-off? Inflation!
Technology stocks dropped sharply on Tuesday in a painful trading session that led the Nasdaq Composite to its worst day since March. Read more »
 
GM's Mary Barra becomes first woman to oversee the Business Roundtable
General Motors CEO Mary Barra will become the first-ever female chair of the Business Roundtable, a powerful CEO alliance, beginning in January. Read more »
 
Paint is the latest product facing supply shortages and higher prices
As the global supply chain crisis continues to roil the global economy, the list of impacted industries is growing by the day. The latest: paint. Read more »
 
Evergrande raises $1.5 billion as another debt payment looms
Evergrande has raised $1.5 billion in much needed cash. But that may do little to help it meet a new bond interest payment due Wednesday. Read more »
 
US government will run out of money by October 18, Treasury secretary says
Treasury Secretary Janet Yellen warned lawmakers that the federal government will likely run out of cash and extraordinary measures by October 18 unless Congress raises the debt ceiling. Read more »
 
Elizabeth Warren will oppose Fed Chair Powell's renomination, calls him 'dangerous man' to lead Fed
Democratic Senator Elizabeth Warren announced Tuesday that she will oppose Federal Reserve Chairman Jerome Powell's renomination, making her the highest-profile lawmaker to do so. Read more »
 
 
 
 
Dow Nasdaq S&P
+90.73   -34.24   +6.83
34,390.72   14,512.44   4,359.46
+0.26%   -0.24%   +0.16%
YTD +12.36%   YTD +12.60%   YTD +16.06%
 
Biggest Winners
Eli Lilly and Co +3.95%
 
Tyson Foods Inc +3.46%
 
Cabot Oil & Gas Corp +3.35%
 
Boeing Co +3.18%
Biggest Losers
HP Inc -4.44%
 
Generac Holdings Inc -4.42%
 
Twitter Inc -3.81%
 
Nucor Corp -2.66%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $74.61 -0.68 / -0.90%
Gold $1,725.80 -11.70 / -0.67%
10-yr 1.54% +0.01
Euro $1.16 -0.01 / -0.77%
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