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Nasdaq enters a correction as tech shares lead U.S. stocks lower after mixed earnings

Por: MarketWatch Business October 25, 2023

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What drove markets Technology stocks were under pressure on Wednesday after Google-parent Alphabet Inc.  reported its third-quarter earnings which , sending the company’s stock down 9.5%, its worst one-day performance since March, 2020. The S&P 500 communication services sector , which includes high-profile names as Alphabet, Meta Platforms and Netflix , slumped 5.9% on Wednesday, according to FactSet data. Alphabet Inc.’s disappointing... + full article



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