[Breaking] Tech Stocks Plunge Due to Snap Shock... Nasdaq Down 2.4%
[Asia Economy Reporter Kim Hyunjung] Major indices on the New York Stock Exchange fell on the 24th (local time) due to an earnings shock from social media company Snap.
On this day, the Dow Jones Industrial Average on the New York Stock Exchange (NYSE) closed at 31,928.62, up 0.15% from the previous session.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
The S&P 500, which focuses on large-cap stocks, fell 0.81% to 3,941.48, and the tech-heavy Nasdaq closed down 2.35% at 11,264.45. Snap reported disappointing earnings, causing its stock price to plunge 43.08%, leading the decline in tech stocks.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
