Tech Stocks Drag Major Indexes Down Amid Salesforce Slump
TL;DR Summary
U.S. stocks fell on Thursday, with the Nasdaq dropping over 1% due to a disappointing Salesforce forecast and slower-than-expected economic growth in Q1. Salesforce shares plunged nearly 20%, dragging down the tech sector. Dell shares also fell after earnings, while Tesla rose on news about its Full Self-Driving software in China.
- Nasdaq falls 1%; Salesforce shares weigh on tech Reuters
- Why the Dow fell 1,000 points in the last three days CNN
- Stock market today: Dow extends slide as Salesforce plunges, rate jitters rattle tech Yahoo Finance
- Stock Market Today: Dow, S&P Live Updates for May 30 - Bloomberg Bloomberg
- Tech Stocks Lead Major Indexes Lower - WSJ The Wall Street Journal
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 4 min read
Condensed
92%
647 → 51 words
Want the full story? Read the original article
Read on Reuters