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The Marked Chart Wire · Markets
HotMidterm Elections
Technology shares drove another decline in the stock market. Investors are taking a defensive stance ahead of the midterm elections and upcoming data on Apple, Palantir and jobs.
Part of a series: Midterm election concerns weigh on tech stocks
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HotMarket Sell-Off
Technology shares drove a broader decline in the stock market. Investors are watching Apple, Palantir, and upcoming midterm elections.
Midterm Elections
Stock futures declined as weakness in technology shares and concerns about the upcoming midterm elections pressured the market.
Tech Selloff
Apple became the world's most valuable company again, reaching a $5.03 trillion market cap against Nvidia's $4.93 trillion. This shift occurred despite both stocks declining, with Nvidia dropping 4.2 percent and Apple falling 1.2 percent.
AI Spending
Semiconductor shares fell more than 10 percent Friday, driving investors toward healthcare and staples. Upcoming earnings from major firms will test market sentiment amid inflation worries.
AI Spending
Goldman Sachs expects earnings growth for the S&P 500 to decelerate as momentum in AI spending fades.
Alphabet
Alphabet shares experienced a historic decline, resulting in a $505 billion loss in market value. The drop removed the company from the $4 trillion valuation club.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.