The sour stock market climate continues on the New York Stock Exchange. Today's initial decline could mean that the broad S&P 500 index closes down for the fourth day in a row, in which case it will be the longest losing streak since August. The tech-heavy Nasdaq Composite Index is also initially down, down 0.6 percent.
The background to the decline in recent days is partly concerns about valuations in the AI sector, and partly greater uncertainty about whether the Federal Reserve will actually implement another interest rate cut at the next monetary policy meeting.
Among the companies that are now falling is Nvidia, for example, ahead of tomorrow's interim report. The stock is down 1 percent.
The payment card company Klarna, which reported its first quarterly report on Tuesday afternoon, is losing approximately 5 percent.
During the day, the home improvement chain Home Depot also released new quarterly figures in which it lowered its profit forecast based on consumers choosing to pause large purchases for their homes. The share fell 5 percent.
