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Nasdaq Declines 1.1% as Tech Shares Suffer - Vimarsana News

Nasdaq Declines 1.1% as Tech Shares Suffer

Provided by Dow Jones By Will Horner and Karen Langley The S&P 500 dropped Wednesday, weighed down by technology shares, as investors awaited the Federal Reserve's latest economic outlook and any signals on the future of interest rates and bond purchases. The broad U.S. stock index slid 0.4%, while the tech-heavy Nasdaq Composite fell 1.2%. The Dow Jones Industrial Average, meanwhile, edged up 0.3%, or about 95 points. Shares of big tech stocks helped pull major indexes lower, with Apple retreating more than 2% and Microsoft and Google parent Alphabet fall...

Stock Futures Signal a Pause Ahead of Fed Meeting - Vimarsana News

Stock Futures Signal a Pause Ahead of Fed Meeting

Provided by Dow Jones By Will Horner U.S. stock futures wavered Wednesday as investors awaited the Federal Reserve's latest economic outlook and any signals on interest rates and bond purchases for the next few years. Futures tied to the broad S&P 500 index and the Dow Jones Industrial Average were relatively flat, suggesting the benchmarks may be choppy after the market open. Both gauges posted tepid declines on Tuesday, a day after closing at records. Contracts linked to the technology-heavy Nasdaq-100 edged 0.2% lower on Wednesday. Federal Reserve offic...

Stocks Pare Losses After Fed Statement - Vimarsana News

Stocks Pare Losses After Fed Statement

Provided by Dow Jones By Will Horner and Karen Langley U.S. stocks pared their losses Wednesday after the Federal Reserve vowed to keep its easy-money policies in place until the U.S. economy further recovers from the effects of the coronavirus pandemic. The S&P 500 was recently up less than 0.1%. Before the central bank's 2 p.m. ET statement, the broad U.S. stock index had been down 0.5%. Investors are focused on any sign the monetary stimulus that has supported markets during the pandemic could begin to subside. The Dow Jones Industrial Average was up 0....

Tech Stocks Drag S&P 500 Lower - Vimarsana News

Tech Stocks Drag S&P 500 Lower

Provided by Dow Jones By Will Horner and Karen Langley The S&P 500 dropped Wednesday, weighed down by technology shares, as investors awaited the Federal Reserve's latest economic outlook and any signals on the future of interest rates and bond purchases. The broad U.S. stock index slid 0.5%, while the tech-heavy Nasdaq Composite fell 1%. The Dow Jones Industrial Average, meanwhile, edged up 0.1%, or about 46 points. Shares of big tech stocks helped pull major indexes lower, with Apple retreating more than 2% and Microsoft and Google parent Alphabet fallin...

Dow Soars Above 32000 to Close at Record—Update - Vimarsana News

Dow Soars Above 32000 to Close at Record—Update

Provided by Dow Jones By Will Horner and Paul Vigna The Dow Jones Industrial Average climbed more than 450 points to a record close Wednesday after fresh inflation data showed a muted increase and eased fears of a rapid rise in interest rates. The blue-chip index jumped 464.28 points, or 1.5%, to 32297.02, marking its 11th record of 2021 and first close above 32000. The S&P 500 gained 23.37 points, or 0.6%, to 3898.81. The Nasdaq Composite, meanwhile, lost 4.99 points, or less than 0.1%, to 13068.83, after rising more than 1.5% in morning trading on the ba...