Stocks Head Lower as Wall Street Digests Recent Run
From Dow Jones & Company: 2025-04-28 13:32:00
The S&P 500 fell 1% as only 140 stocks saw gains, while the Nasdaq Composite dropped 1.4% and the Dow fell 217 points (0.5%). Profit-taking hit tech stocks like Tesla and Nvidia, leading to a broader market decline. Investors are awaiting key economic data and earnings reports in the coming days.
The market saw a sell-off in high-flying tech stocks like Tesla and Nvidia, causing a ripple effect across the S&P sectors. With a lack of major trade news, Wall Street is focused on upcoming economic data and earnings reports. The market is still digesting last week’s gains as uncertainty looms.
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