Stocks fell sharply on Thursday as Wall Street reacted to disappointing quarterly results from major tech companies and awaited further earnings announcements.
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U.S. stock markets declined on Wednesday as investors weighed mixed earnings reports and anticipated further results from major technology companies.
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On Tuesday, the Nasdaq Composite rose 0.9% to reach a new record high, surpassing the 18,700 level, supported by gains in major tech stocks ahead of key earnings releases.
Stocks saw gains Monday, spurred by optimistic anticipation of upcoming mega-cap tech earnings and a reduction in geopolitical concerns.
The Nasdaq Composite reached an all-time high on Friday, climbing 0.56%, primarily driven by gains in major tech stocks.
U.S. stocks saw a modest rebound, breaking a three-day losing streak. The S&P 500 added 0.21%, while the Nasdaq Composite surged 0.76%.
On Wednesday, U.S. stocks experienced sharp declines as rising Treasury yields weighed on investor sentiment.
On October 2, 2024, a headline appeared on CNBC announcing that Toyota has invested $500 million into an electric vertical takeoff and landing (eVTOL) company. If eVTOL air taxis can integrate into our daily lives, they will fundamentally transform our mode of transportation.