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Weighed Down by Tech
Stocks fell Friday, wiping out the weekly gains, weighed down by a sell-off in tech stocks that just recently propelled the major equity indexes to records. The bulls are retreating ahead of the US Federal Reserve meeting where policy makers are expected to release their latest projections on the path of interest rates.
The tech-heavy $Nasdaq Composite Index(.IXIC.US$ sustained the biggest blow, declin...
Weighed Down by Tech
Stocks fell Friday, wiping out the weekly gains, weighed down by a sell-off in tech stocks that just recently propelled the major equity indexes to records. The bulls are retreating ahead of the US Federal Reserve meeting where policy makers are expected to release their latest projections on the path of interest rates.
The tech-heavy $Nasdaq Composite Index(.IXIC.US$ sustained the biggest blow, declin...
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NVIDIA's share value surged to an all-time peak last Friday, only to pivot sharply and close the session with a decline exceeding 5%—its most significant one-day fall since May 31 of the prior year, closing at $875.28.
$NVIDIA(NVDA.US$'s early session gains exceeding 5% drove momentum indicators to a peak not seen since November 2021. The stock's Relative Strength Index (RSI) briefly soared past 85, suggesting an overbought condition, ...
$NVIDIA(NVDA.US$'s early session gains exceeding 5% drove momentum indicators to a peak not seen since November 2021. The stock's Relative Strength Index (RSI) briefly soared past 85, suggesting an overbought condition, ...
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