* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, August 16, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘The Rainmaker’ Premiere: Milo Callaghan Breaks Down Rudy Baylor’s ‘Misguided Valor’ – The Laconia Daily Sun

    Inside ‘The Rainmaker’ Premiere: Milo Callaghan Uncovers the Real Story Behind Rudy Baylor’s Misguided Valor

    Suicide Squad Member Gets New Origin in Absolute Flash – yahoo.com

    Suicide Squad Member Unveiled with Exciting New Origin in Absolute Flash

    I’ll miss the chaos of ‘And Just like That…’ (and Che Diaz too) – yahoo.com

    Why I’ll Truly Miss the Wild Ride of ‘And Just Like That…’ (and Che Diaz!)

    Webtoon Entertainment Stages Recovery With Disney’s Stamp of Approval – The Wall Street Journal

    Webtoon Entertainment Soars to New Heights with Disney’s Stamp of Approval

    Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

    Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

    John Davison departs from IGN Entertainment – GamesIndustry.biz

    John Davison Steps Down from IGN Entertainment Leadership

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Youxin Technology Ltd Faces Nasdaq Deficiency Notices Over Listing Compliance Issues

    Vermont famers say new technology is changing the state’s agriculture industry – News Channel 3-12

    Vermont Farmers Embrace New Technology Transforming the State’s Agriculture Industry

    Verb Technology Reports Revenue Growth Amidst Strategic Expansions – TipRanks

    Verb Technology Soars with Impressive Revenue Growth Driven by Strategic Expansions

    Midwest Technology Summit held in Fargo – WDAY Radio

    Midwest Technology Summit held in Fargo – WDAY Radio

    K1 Semiconductor Joins Chicago Quantum Exchange To Advance Wafer Technology. – Quantum Zeitgeist

    K1 Semiconductor Partners with Chicago Quantum Exchange to Revolutionize Wafer Technology

    Indirect tax transformation: Navigating change, embracing technology – Thomson Reuters tax and accounting

    Revolutionizing Indirect Tax: Embracing Technology to Navigate Change

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘The Rainmaker’ Premiere: Milo Callaghan Breaks Down Rudy Baylor’s ‘Misguided Valor’ – The Laconia Daily Sun

    Inside ‘The Rainmaker’ Premiere: Milo Callaghan Uncovers the Real Story Behind Rudy Baylor’s Misguided Valor

    Suicide Squad Member Gets New Origin in Absolute Flash – yahoo.com

    Suicide Squad Member Unveiled with Exciting New Origin in Absolute Flash

    I’ll miss the chaos of ‘And Just like That…’ (and Che Diaz too) – yahoo.com

    Why I’ll Truly Miss the Wild Ride of ‘And Just Like That…’ (and Che Diaz!)

    Webtoon Entertainment Stages Recovery With Disney’s Stamp of Approval – The Wall Street Journal

    Webtoon Entertainment Soars to New Heights with Disney’s Stamp of Approval

    Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

    Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

    John Davison departs from IGN Entertainment – GamesIndustry.biz

    John Davison Steps Down from IGN Entertainment Leadership

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Youxin Technology Ltd Faces Nasdaq Deficiency Notices Over Listing Compliance Issues

    Vermont famers say new technology is changing the state’s agriculture industry – News Channel 3-12

    Vermont Farmers Embrace New Technology Transforming the State’s Agriculture Industry

    Verb Technology Reports Revenue Growth Amidst Strategic Expansions – TipRanks

    Verb Technology Soars with Impressive Revenue Growth Driven by Strategic Expansions

    Midwest Technology Summit held in Fargo – WDAY Radio

    Midwest Technology Summit held in Fargo – WDAY Radio

    K1 Semiconductor Joins Chicago Quantum Exchange To Advance Wafer Technology. – Quantum Zeitgeist

    K1 Semiconductor Partners with Chicago Quantum Exchange to Revolutionize Wafer Technology

    Indirect tax transformation: Navigating change, embracing technology – Thomson Reuters tax and accounting

    Revolutionizing Indirect Tax: Embracing Technology to Navigate Change

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

S&P 500 Hobbles To Worst Week Since April

July 20, 2024
in Business
S&P 500 Hobbles To Worst Week Since April
Share on FacebookShare on Twitter

Topline

Stocks broadly sold off for the third consecutive day Friday, with technology stocks once again weighing on the broader market, and Goldman Sachs strategists cautioned the summer may bring a further cooldown for the previously blistering stock market.

Stocks took a breather this week.

Getty Images

Key Facts

The bellwether S&P 500 fell 0.7% and the tech-concentrated Nasdaq tumbled 0.8%, the blue chip Dow Jones Industrial average lost 0.9%, or 380 points, while the smaller company focused Russell 2000 fell 0.6%.

Both the S&P (down 2% since last Friday) and Nasdaq (-3.7%) tallied their worst weeks since mid-April, while the Dow and Russell are still in the green for the week, owing to the former two indexes’ heavy weighting toward big technology companies, like Apple (shares down 3% this week), Microsoft (-4%) and Nvidia (-8%).

Nvidia, whose stock fell 3% Friday, headlined the brutal stretch for semiconductor chip stocks which had previously been red-hot as generative artificial intelligence hype built.

The iShares Semiconductor exchange-traded fund (SOXX) fell 9% this week, with prominent Silicon Valley chip makers Advanced Micro Devices and Broadcom down 16% and 6% this week, respectively, as global chip stocks broadly struggled after the Biden Administration reportedly considered curbs on Chinese Silicon chip capabilities and news broke of Donald Trump’s skepticism of American protection of Taiwan, an area crucial for manufacturing of the chips.

CrowdStrike, the cybersecurity company behind the wide-spanning technological outages, was the biggest faller of any S&P stock Friday, as shares fell 11%, while other notable losers included Intel with a 5% loss and Tesla with a 4% dip.

What We Don’t Know

If this week’s stock slip turns into a full-fledged slump. Goldman Sachs strategists cautioned in a Friday note to clients they see “risk of a setback in the summer” across global equities and they don’t see much further “equity valuation expansion from here.” The Goldman group, led by Christian Mueller-Glissmann, explained the reasons for their trepidation included the geopolitical risk stemming from the U.S.’ November presidential election, risk of stalling economic growth and the fact that stock prices have largely already baked in the upside of lower interest rates, which investors expect to come to the U.S. by September.

Key Background

Brokerage accounts may have looked ugly over the last few days, but selloffs like this week’s are extremely routine, especially after long stretches of gains, as fund managers and individual investors cash in on their profits and readjust their portfolios. The Dow, S&P and Nasdaq are up 9%, 17% and 20% year-to-date, including reinvested dividends, all already on pace to outperform their historic annual returns. The S&P has fallen by more than this week’s 2% loss 16 times over the last two years, a stretch in which the index has gained 45%, shattering its prior record high. Chip stocks similarly remain up big—the SOXX is up 24% year-to-date and almost 90% over the last two years.

What To Watch For

Next week will be the thick of earnings season, with giants like Alphabet, Amazon, Tesla, Visa and Coca-Cola all set to report second-quarter results. Analysts project Q2 will be the best annual profit growth for the S&P since 2021, according to FactSet.

Follow me on Twitter or LinkedIn. Send me a secure tip. 

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Forbes – https://www.forbes.com/sites/dereksaul/2024/07/19/sp-500-staggers-to-worst-week-since-april-as-goldman-sachs-warns-of-cool-summer-for-stocks

Tags: businessHobblesWorst
Previous Post

CrowdStrike Stock Tanks 15%—CRWD Set For Worst Day In Years

Next Post

CrowdStrike Windows Outage—What Happened And What To Do Next

Meet the Stunning Winners of the 2025 Ecology, Evolution, and Zoology Image Competition!

August 16, 2025
Topological spin textures: Scientists use micro-structured materials to control light propagation – Phys.org

Harnessing Topological Spin Textures: How Micro-Structured Materials Revolutionize Light Control

August 16, 2025
UCLA Computer Science Alumna and Taboola Executive Helps Lead Global AI Efforts to Empower Digital Media – UCLA Samueli School of Engineering

UCLA Computer Science Alumna and Taboola Executive Leading Global AI Innovation to Revolutionize Digital Media

August 16, 2025
The Future Of Cannabis: A Lifestyle Product Mirroring Wine’s Evolution – Harlem World Magazine

The Future Of Cannabis: A Lifestyle Product Mirroring Wine’s Evolution – Harlem World Magazine

August 16, 2025

Youxin Technology Ltd Faces Nasdaq Deficiency Notices Over Listing Compliance Issues

August 16, 2025
Good Sports: Valley students picked to work on USC’s turf ahead of season opener – ABC30 Fresno

Valley Students Rally to Ready USC’s Turf for Season Opener

August 16, 2025
Box, run, crash: China’s humanoid robot games show advances and limitations – The Guardian

Box, Run, Crash: Inside China’s Humanoid Robot Games Revealing Stunning Progress and Surprising Challenges

August 16, 2025
Customers look set to bear the tariff cost burden – Axios

Rising Tariff Costs: How They Impact Your Wallet and What You Can Do

August 16, 2025
‘The Rainmaker’ Premiere: Milo Callaghan Breaks Down Rudy Baylor’s ‘Misguided Valor’ – The Laconia Daily Sun

Inside ‘The Rainmaker’ Premiere: Milo Callaghan Uncovers the Real Story Behind Rudy Baylor’s Misguided Valor

August 16, 2025
NC state employee and teacher reps say health insurance increases will hurt worker retention – NC Newsline

Rising Health Insurance Costs Jeopardize Retention of State Employees and Teachers

August 16, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (774)
  • Economy (796)
  • Entertainment (21,673)
  • General (16,500)
  • Health (9,834)
  • Lifestyle (807)
  • News (22,149)
  • People (798)
  • Politics (803)
  • Science (16,009)
  • Sports (21,294)
  • Technology (15,776)
  • World (778)

Recent News

Meet the Stunning Winners of the 2025 Ecology, Evolution, and Zoology Image Competition!

August 16, 2025
Topological spin textures: Scientists use micro-structured materials to control light propagation – Phys.org

Harnessing Topological Spin Textures: How Micro-Structured Materials Revolutionize Light Control

August 16, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version