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Apple Inc. (NASDAQ: AAPL) is one of the largest companies in the world thanks to its uber-popular consumer electronics like the iPhone, Macbook, and iPad. Over the years, Apple has moved into the services space with offerings such as iCloud, Apple Music, Apple News and Apple TV+ increasingly gaining traction.
US markets commenced the week strongly, led by gains in the technology sector, which finished 1.4% higher on Monday.
The S&P/ASX 200 (ASX: XJO) fell throughout the ASX share trading day on Monday, despite a positive open, finishing 0.1% higher as dip buyers emerged following last week’s unexpected sell-off. Today, the ASX 200 is expected to open slightly higher today according to SPI Futures.
The three-day sell-off in US stock markets over inflation fears appears to have come to an end. Alibaba (NASDAQ:BABA) is making headlines.
US stock markets fell overnight, the tech-heavy Nasdaq suffering a steep 2.6% fall. Trade Desk (NASDAQ:TTD) stock tumbled 26%.
The tech sell-off continued in the US share market overnight, sending the Nasdaq down nearly 2%. Here’s what you need to know.
US stock markets struggled closing out the week, the Dow Jones falling 0.5%, S&P 500 0.7% and the Nasdaq the hardest hit, down nearly 1.0%.
US markets are in the thick of reporting season, with Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB) stock responding to earnings overnight.
The Nasdaq finished 0.3% lower overnight while the S&P 500 and Dow Jones finished flat. GE (NYSE:GE) and 3M (NYSE:MMM) stock are in the news.
US markets finished the week strongly on the back of great economic data. SVB Financial (NASDAQ:SVIB) and American Express (NYSE:AMEX) are in the news.
