Now there is a lot of heat in the stock market people are trying their best to get it back to normal but the stock prices fell for a second consecutive day but that doesn’t mean the whole economy was crashed they were some light losses but losses are losses so they were losses. The S&P 500 and The Dow fell down by 0.17% and 0.20% respectively while the Nasdaq Composite was down by 0.38% for these low losses we should thank weak technology stocks. The Entrepreneur Index was closed by a 0.11% downgrade.
Today’s day was a rough day for the Technology sector in the stock market. The biggest Graphics Card and Chipmaker NVIDIA Corporation had seen the biggest downgrade in their shares with a percentage of 3.02%. Donald Trump Administration declared that no preparations are being made for a trade talk with China till the end of the month, Yesterday this statement came out. This is bad for us that between this war Investors are suffering so I personally hope they will sort out things by themselves as quickly as possible because both countries investors are suffering not only American Investors, Chinese Investors are also suffering during this trade-war.
Here comes the social giant Facebook, its shares were also down by 1.72% after a report came out from the Wall Street Journal that the company had found some emails linking the CEO to Facebook’s controversial privacy practices. The Federal Trade Commission is investigating this report from the Wall Street Journal and Hopes it will be fixed out soon. The other stocks on the index were also down with Netflix seeing a dropdown of -1.63%. As I said earlier for today’s stock market was very much hot, hot as lava, let’s hope the best for tomorrow’s stats.
Today Tesla got a bigger downgrade at its shares price after meeting the Company’s shareholder yesterday. This stock was up by 20% for 10 days but it fells down by 3.61% after CEO Elon Musk gave his annual review and outlook on the company investors.
Today Energy stocks were also down because the price of oil fell 4.1% due to much more worries about trade, global economic growth, and swelling crude oil inventories in the United States. Hess Corporations has also seen a downgrade of 2.22% and the pipeline manager Kinder Morgan was also down by 1.92%
If you talk about gains instead of declines then we have on list FedEx Corporation which was up by 1.21%, Chipotle Mexican Grill was up by 1.17% and we got Business Services firm Cintas Corporation was up by 1.04%. That’s all for today and we hope you are got some great information from this article and if you like this article then do share this article with your friends who are involved in the business of Stock exchange and you can learn more if you are beginner without early guides for beginners and you can find those on our website.