Stocks continue to face issues after turbulent day, tech stocks leading

From Google: 2024-08-06 06:00:59

Stocks continue to face the same issues following a turbulent Monday in the markets, with tech stocks leading the way. The S&P 500 fell 0.5%, the Dow inched up 0.1%, and the Nasdaq dropped 1.9%. Tech giants like Amazon and Microsoft saw notable losses. The 10-year treasury yield rose slightly to 1.62%. In crypto news, Bitcoin fell below $55,000. Analysts are cautioning that inflation concerns and rising interest rates are still major factors impacting the markets. Investors are advised to remain vigilant amid these uncertain times.



Read more at Google: Stocks still have the same problem after a wild Monday in markets: Morning Brief – Yahoo Finance