Technology Giants Weighed Down the Stock Exchange in the USA

» Published: November 27 2024

Technology Giants Weighed Down the Stock Exchange in the USA
Photo: Mark Lennihan/AP-TT

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Courses fell on the American stock exchange on Wednesday. Primarily, it was the technology giants that pulled down the leading indexes.

Nvidia and Microsoft both fell 1.2 percent. Additionally, two major computer manufacturers weighed on the market. HP, which announced that the company's profit for the current quarter will be worse than expected, plummeted 11.4 percent. And Dell, whose interim report showed lower sales than analysts had predicted, lost a whole 17.4 percent.

Among others, companies in the healthcare and finance sectors rose, including credit card giant Visa, which gained 0.9 percent.

The broad S&P 500 index fell 0.4 percent, the Dow Jones industrial index lost 0.3 percent, and the technology-heavy Nasdaq composite index fell 0.6 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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