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Stock market today: Dow, S&P, Nasdaq slide on Big Tech losses but weekly gains hold [Yahoo! Finance Canada]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
US stocks closed the holiday week week on a downbeat note as Wall Street slogged to the finish of a largely triumphant year. The S&P 500 ( ^GSPC ) lost 1.1%, while the tech-heavy Nasdaq Composite ( ^IXIC ) shed 1.5% Friday at the close. The Dow Jones Industrial Average ( ^DJI ) gave up 0.8%. Meanwhile, the 10-year Treasury yield ( ^TNX ) hovered near seven-month highs around 4.6%. After stacking impressive gains this year, some of the biggest names in tech lost ground as investors took profits, rebalance portfolios, or reassessed their lofty valuations. Tesla ( TSLA ) lost 5%. Nvidia ( NVDA ) gave up c2%, while Amazon ( AMZN ) decreased by 1%. Wall Street has just three trading days remaining in a 2024 full of big gains, but markets have been unable to mount a "Santa Claus" rally into the end of the year. S&P 500 (^GSPC) Despite the negative day, the S&P 500 logged a weekly gain of 1.8%. The Nasdaq also post a win of 1.8%, while the Dow notched a 1.5% gain. Markets have l
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