[Breaking News] New York Stock Market Falls on Earnings and Strong GDP... Nasdaq Down 1.76%
The three major indices of the U.S. New York Stock Exchange all closed lower on the 26th (local time) amid ongoing earnings reports from major big tech companies. The much stronger-than-expected U.S. third-quarter Gross Domestic Product (GDP) also heightened concerns about high interest rates, which did not positively influence investor sentiment that day.
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On this day in the New York Stock Exchange, the Dow Jones Industrial Average fell 0.76% compared to the previous session. The S&P 500, centered on large-cap stocks, dropped 1.18%, and the tech-focused Nasdaq index declined 1.76%.
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