Closing changes: Nasdaq suffers a rare down day

<p>Closing changes:</p><ul><li>S&amp;P 500 -0.35%</li><li>Nasdaq Comp -1.2%</li><li>Russell 2000 +0.45%</li><li>DJIA flat</li><li>Toronto TSX Comp +1.0%</li></ul><p>Goldman Sachs downgrade Tesla to neutral today and that kicked off some profit taking in shares of TSLA, which fell 6%. Other high-flying mega tech names also struggled including NVDA -3.5%, META -3.3% and GOOG -3.0%.</p><p>US stocks had opened flat and rallied after the open but ran out of momentum midday. The Nasdaq made new lows into the close.</p>

This article was written by Adam Button at www.forexlive.com.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *