SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The US Stock Market Fell

» Published: 12 November 2024

The US Stock Market Fell
Photo: Paul Sakuma/AP-TT

The index movements were relatively small on Tuesday's New York Stock Exchange after a period of strong gains. The broad S&P 500 index fell 0.3 percent, the technology-heavy Nasdaq composite index retreated 0.1 percent, and the Dow Jones industrial index lost 0.9 percent.

Among others, electric car manufacturer Tesla weighed heavily, which had gone extremely well after the presidential election in the USA. Now the share fell 6.1 percent, the first decline after Donald Trump's victory.

A counterweight was Live Nation Entertainment. The concert organizer presented, like many other American companies, an interim report where the profit was better than analysts had expected. According to the company, which owns the ticket giant Ticketmaster, customers worldwide are willing to pay more to listen to their favorite artists. The Live Nation share rose 4.7 percent.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Facebook's owner fined billions
1 MIN READ

Facebook's owner fined billions

Warning about nuclear power plans: Affecting generations
3 MIN READ

Warning about nuclear power plans: Affecting generations

Thedéen: The Krona's Fall May Cause Inflation Problems
3 MIN READ

Thedéen: The Krona's Fall May Cause Inflation Problems

Apotea to be listed on the stock exchange soon
1 MIN READ

Apotea to be listed on the stock exchange soon

Spotify makes new video investment
1 MIN READ

Spotify makes new video investment

The Central Bank does not want to raise the ceiling for mortgages
2 MIN READ

The Central Bank does not want to raise the ceiling for mortgages

Volvo Cars sells stake in Lynk for 8 billion
1 MIN READ

Volvo Cars sells stake in Lynk for 8 billion

Spotify founder sells shares for four billion
1 MIN READ

Spotify founder sells shares for four billion

So much money is drawn to Stockholm by Dreamhack
1 MIN READ

So much money is drawn to Stockholm by Dreamhack

Milk and butter are becoming increasingly expensive
1 MIN READ

Milk and butter are becoming increasingly expensive

The Office Chain Closes All Stores
1 MIN READ

The Office Chain Closes All Stores

Higher Housing Costs Drive Inflation
1 MIN READ

Higher Housing Costs Drive Inflation

Embracer and Volvo boost the stock market
1 MIN READ

Embracer and Volvo boost the stock market

This year's Christmas gift – "newly awakened interest"
2 MIN READ

This year's Christmas gift – "newly awakened interest"

Embracer sells mobile game company in billion deal
1 MIN READ

Embracer sells mobile game company in billion deal

Increased sales in daily goods trade in October
1 MIN READ

Increased sales in daily goods trade in October

The world's worst emitter is transforming in silence
3 MIN READ

The world's worst emitter is transforming in silence

SBAB: The Interest Rate May Fall Below 2 Percent
1 MIN READ

SBAB: The Interest Rate May Fall Below 2 Percent

Most gloomy on Asian stock exchanges
1 MIN READ

Most gloomy on Asian stock exchanges

Spotify Rolled On Wall Street
1 MIN READ

Spotify Rolled On Wall Street