US STOCKS-Nasdaq drops as FAANG growth worries persist
The technology index tumbled 1.65 percent, falling more than 1.5 percent for the third straight day
as underwhelming results from the likes of Facebook and Netflix spooked investors
about the prospects of a sector that has led the equity market to record highs.
The so-called FAANG group fell on Monday. Facebook dropped 4.3 percent and Netflix slid 4.6 percent.
Amazon declined 1.2 percent and Alphabet dropped 1.5 percent despite both reporting healthy results.
Apple, which is due to report earnings on Tuesday after the bell, fell 0.6 percent.
"Investors are still trying to digest results from FAANG stocks last week,
and trying to figure out if it's just another bump in the road
or if something more meaningful is in play," said Cliff Hodge, director of investments for Cornerstone Wealth in Charlotte, North Carolina.
"People are worried these stocks won't hold up or will not continue to grow.
They are looking at the big picture and wondering if we're getting later and later in the cycle
and trying to decide if it's time to be more defensive."
https://www.cnbc.com/2018/07/30/reuters-america-us-stocks-nasdaq-drops-as-faang-growth-worries-persist.html
ยังดีที่
Still, six of the 11 major S&P sectors were higher.
The biggest boost to the market was from the energy sector's 0.63 percent gain
as oil prices rose with investors remaining cautious over supply outlook.
บ้านเราจะเลือกอะไร ถ้า โชคดีน้ำมันยืน 70 ได้ ตลาดไทยไปต่อ เพราะบ้านเราเน้นน้ำมันมากกว่า
US STOCKS-Nasdaq drops as FAANG growth worries persist
The technology index tumbled 1.65 percent, falling more than 1.5 percent for the third straight day
as underwhelming results from the likes of Facebook and Netflix spooked investors
about the prospects of a sector that has led the equity market to record highs.
The so-called FAANG group fell on Monday. Facebook dropped 4.3 percent and Netflix slid 4.6 percent.
Amazon declined 1.2 percent and Alphabet dropped 1.5 percent despite both reporting healthy results.
Apple, which is due to report earnings on Tuesday after the bell, fell 0.6 percent.
"Investors are still trying to digest results from FAANG stocks last week,
and trying to figure out if it's just another bump in the road
or if something more meaningful is in play," said Cliff Hodge, director of investments for Cornerstone Wealth in Charlotte, North Carolina.
"People are worried these stocks won't hold up or will not continue to grow.
They are looking at the big picture and wondering if we're getting later and later in the cycle
and trying to decide if it's time to be more defensive."
https://www.cnbc.com/2018/07/30/reuters-america-us-stocks-nasdaq-drops-as-faang-growth-worries-persist.html
ยังดีที่
Still, six of the 11 major S&P sectors were higher.
The biggest boost to the market was from the energy sector's 0.63 percent gain
as oil prices rose with investors remaining cautious over supply outlook.
บ้านเราจะเลือกอะไร ถ้า โชคดีน้ำมันยืน 70 ได้ ตลาดไทยไปต่อ เพราะบ้านเราเน้นน้ำมันมากกว่า