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<div class="at-above-post addthis_tool" data-url="https://www.metro.us/nasdaq-retreats-as-technology/"></div>NEW YORK (Reuters) – The Nasdaq closed 1.4% lower and the S&P dipped slightly on Tuesday as investors sold off technology stocks that benefited from virus lockdowns, favoring sectors that have suffered most during the pandemic instead on hopes a COVID-19 vaccine will turn the economy around. The heavyweight technology <.SPLRCT> and consumer discretionary sectors […]<!-- AddThis Advanced Settings above via filter on get_the_excerp...

Shares of GameStop Corp jumped more than 10per cent on Friday, putting the video game retailer's stock on pace to triple for the week in a renewed ...

Wall Street extends losses as inflation fear lingers By Devik Jain and Medha Singh Reuters (Reuters) - Wall Street's main indexes extended losses on Friday as fears of a potential rise in inflation kept U.S. bond yields around one-year high, while tech stocks clawed back some losses. Shares of Amazon.com Inc, Microsoft Corp and Alphabet Inc edged up between 0.4% and 1%, but were headed for their worst week in months. The benchmark 10-year U.S. Treasury yield eased to 1.478% after jumping 1.614% overnight, roiling stock markets. Wall Street's fear gauge hovered at a one-month high. "If rat...

The tech-heavy Nasdaq index rallied in choppy trading on Friday, even as sentiment remained fragile after the index's worst performance in four months the day before as fears of rising inflation kept U.S. bond yields near a one-year high.

Stock market news live updates: Stocks end mixed, Nasdaq recovers some losses but still posts worst week since October Emily McCormick Wall Street stocks ended mixed on Friday, with battered technology shares recovering some declines amid encouraging data, though fears of rising interest rates caused investors to take fright. Popular Searches The Nasdaq traded 0.6% higher, paring losses at the end of the week. However, the index still posted a weekly loss of 4.9% for its worst since October as tech stocks unwound some of their steep 2020 gains this week, as benchmark Treasury ...