US market today: Wall Street slips for a third straight day as tech drags; bond yields rise on growth surprises
US market today: Wall Street slips for a third straight day as tech drags; bond yields rise on growth surprises
Wall Street faced a downturn on Thursday, potentially ending a record-high streak, as strong economic data tempered expectations for Federal Reserve interest rate cuts. The S&P 500, Dow, and Nasdaq all declined. CarMax shares plummeted after disappointing earnings. Big Tech stocks like Nvidia and Alphabet also fell, reflecting investor caution.
Wall Street faced a downturn on Thursday, potentially ending a record-high streak, as strong economic data tempered expectations for Federal Reserve interest rate cuts. The S&P 500, Dow, and Nasdaq all declined. CarMax shares plummeted after disappointing earnings. Big Tech stocks like Nvidia and Alphabet also fell, reflecting investor caution.
Wall Street faced a downturn on Thursday, potentially ending a record-high streak, as strong economic data tempered expectations for Federal Reserve interest rate cuts. The S&P 500, Dow, and Nasdaq all declined. CarMax shares plummeted after disappointing earnings. Big Tech stocks like Nvidia and Alphabet also fell, reflecting investor caution. 
