PT Solid Gold Berjangka | Wall St Ends Down As Tech-Related Shares Fall; Investors Assess Rate Outlook
DOW JONES S & P 500 Wall Street Indeks Nasdaq Saham AS PT SGB Solid Gold Berjangka Solid Group SG Berjangka
Solid Gold Berjangka | U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year’s rally, while investors weighed the interest rate outlook ahead of next week’s Federal Reserve meeting.
Traders have reined in bets of a June rate cut by the Fed after this week’s hotter-than-expected inflation data.
Shares of Adobe, dropped after it forecast second-quarter revenue below analysts’ estimates, following stiff competition and weak demand for its artificial intelligence-integrated photography, illustration and video.
The S&P 500 technology index, was down on the day, with Microsoft, among the biggest drags.
An index of semiconductors, was down for the week. The Nvidia, GTC developer conference scheduled for March 18 to 21 will be watched closely for AI-related announcements.
According to preliminary data, the S&P 500, lost 33.06 points, or 0.64%, to end at 5,117.42 points, while the Nasdaq Composite, lost 152.66 points, or 0.96%, to 15,975.86. The Dow Jones Industrial Average, fell 185.58 points, or 0.48%, to 38,720.08.
Source : Reuters