Nasdaq down sharply as stock indexes pull back from records ahead of tech earnings

U.S. stocks fell Tuesday, pulling major indexes back from record levels, ahead of quarterly results from some of the most prominent names in the technology sector and as a Chinese regulatory crackdown appeared to dampen the investing mood on Wall Street

What’s driving the market? Stocks slumped as investors worried about a selloff in Hong Kong’s Hang Seng Index, which has put pressure on risk assets around the globe. The Hang Seng HK:HSI ended 4.2% lower in Asian trade, marking its second consecutive drop of more than 4%, amid China’s regulatory crackdown on technology stocks.

The “two big factors” over the course of the next week remain “earnings reports and what we hear from the Federal Reserve,” said Bill Northey, senior investment director at U.S. Bank Wealth Management, in an interview, adding that “this is against a backdrop of a very strong economic recovery” that was underscored by a strong July consumer-confidence reading Tuesday morning.

“This crackdown on private businesses from China is significantly denting market sentiment despite a better-than-expected earnings season so far,” said Pierre Veyret, technical analyst at ActivTrades.Meanwhile, the Federal Reserve was due to kick off its two-day policy meeting.

Markeetwatch followers seem to be just spam accounts. Both Facebook and Twitter .

Очевидное и невероятное раздутого пузыря бигтеха. В преддверии положительных отчетов чуть сдули 'плечистых' для нового рывка вверх. Тянем резину до упора, пока не лопнет и не сделает больно всем.

Kowtow to the SECGov Respect your boss JeffBezos elonmusk

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What Are The Nasdaq Composite And Nasdaq 100 Indexes?The second-largest stock exchange on earth, Nasdaq also operates two major stock indexes based on companies that trade on its exchange: the Nasdaq Composite and the Nasdaq 100. The Nasdaq Composite tracks the performance of more than 3,000 stocks listed on the Nasdaq while the Nasdaq 100 captures th Advisor nice Advisor
Source: Forbes - 🏆 394. / 53 Read more »

The main attractions arrive: Apple, Microsoft, Google, Facebook, Amazon and Tesla headline the biggest week of earningsThe coming week will be the most important of this quarter's earnings season --- even if later weeks beat it on quantity, it will be nearly impossible to top... nice World's first big tech investment products that investors can use to express their conviction on FAANG stocks. Tickers FANG, GFAM, FTNG by GraniteShares
Source: MarketWatch - 🏆 3. / 97 Read more »

Tesla, Apple, Alibaba, F5 Networks: What to Watch When the Stock Market Opens TodayInvestors are watching for results from Apple, Microsoft and Alphabet after the close; Chinese tech stocks took another hit. horrible
Source: WSJ - 🏆 98. / 63 Read more »

‎Weather Insider: More rounds of storms coming for the Northeast on Apple PodcastsRounds of storms are due for the Northeast. ⛈ AccuRayno has the details on today's ‘Weather Insider’ AccuWeatherPod🎙 Listen at the links below ⬇️ Apple Podcasts: Spotify: Web:
Source: accuweather - 🏆 46. / 68 Read more »

Workers who fix Apple laptops say facility is a 'sweatshop'Workers who fix Apple's laptops say their workplace is a 'sweatshop,' with broken air-conditioning, feces-covered toilet seats, and 13-hour workdays thanks Apple ewww Sarkodie - Coachella ft. Kwesi Arthur (Official Video) via YouTube
Source: BusinessInsider - 🏆 729. / 51 Read more »

‎Weather Insider: Heat milestones, records from Texas to North Dakota this week on Apple PodcastsRecord-challenging heat and severe thunderstorms aim for the Midwest. AccuRayno has the details on today's ‘Weather Insider’ AccuWeatherPod🎙! 🔈Apple Podcasts: 🔈Spotify: 🔈Web:
Source: accuweather - 🏆 46. / 68 Read more »