Wall Street feels pressure as tech stocks tumble
The tech sector suffered heavy losses yesterday, following news that the US government will conduct antitrust and business practice probes targeted at major tech companies. Many tech stocks registered significant losses, including Facebook (-7.5%), Google (-6.1%), Amazon (-4.6%) and Microsoft (-3.1%). The NSDQ100 closed more than 1.6% lower as a result, while the SPX500 registered slight losses and the DJ30 closed nearly flat.
Today’s highlights: Bitcoin falls to $8,000
- Powell to speak today: Fed Chair Jerome Powell will deliver a speech at an event hosted by the Federal Reserve Bank of Chicago at 13:55 GMT. Powell’s words could impact the USD and other key financial instruments in the US.
Stocks earnings releases on 04/06/2019
Stocks earnings releases on 05/06/2019
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.
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04/06/2019 appeared first on eToro.