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<US>DJIA Slips 797 Pts at Close; Nasdaq Sags 2.3%; Tesla Dives 6%+
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The US federal government ended its longest shutdown in history, followed by a refreshed sell-off in techs, leading to a plunge in US bourse on Thursday. The DJIA ebbed back from its high, closing near its intraday low, down 797 points or 1.7%, at 47,457. The Nasdaq Composite Index slid 536 points or 2.3%, closing at 22,870. The S&P 500 Index ended lower by 113 points or 1.7%, at 6,737. Big techs plummeted across the board, with Tesla (TSLA.US) slipping 6.6%, Nvidia (NVDA.US) diving 3.6%, Alphabet (GOOG.US) and Amazon (AMZN.US) both declining nearly 3%, and Microsoft (MSFT.US) down 1.5%. Apple (AAPL.US) and Meta (META.US) fared relatively steadily. Disney (DIS.US) saw its 4Q earnings leap 1.6 times, but its traditional television business dampened revenue, falling short of market expectations, which resulted in a 7.8% slump in its stock price. Bitcoin sank to the US$98,000 mark, causing crypto concept stocks to subside in response, with major Bitcoin holder MicroStrategy (MSTR.US) stumbling over 7%, and Coinbase (COIN.US) also cratering 6.9%. AASTOCKS Financial News Website: www.aastocks.com |
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