From Nasdaq:

In today’s stock market, major indices closed lower with the Dow down -404 points, S&P 500 -1.02%, Nasdaq -1.65%, and Russell 2000 -1.09%. Tech lagged due to profit-taking and Apple’s disappointing iPhone sales in China. NVIDIA and Super Micro Computer showed strength. CrowdStrike beat Q4 estimates, while Nordstrom exceeded Q4 estimates but fell on lower guidance. ADP and Fed Chair Powell will report key data Wednesday.

Zacks Top 10 Stocks for 2024 released, offering high-potential picks handpicked by Zacks Director of Research. Portfolio saw +974.1% gains since 2012, outperforming S&P 500. CrowdStrike (CRWD) beat top and bottom lines in Q4, while Nordstrom (JWN) surpassed Q4 estimates but fell on guidance. Economic data and Fed Chair Powell’s testimony will be key tomorrow.



Read more at Nasdaq: Markets Sell Off Ahead of Jobs & Powell News