Stocks are down today and investors wondering why are in the right place as we have the answer to that question!
Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) is to blame for some of today’s decline. That’s due to the company’s earnings report failing to impress investors.
With Alphabet’s earnings not satisfying the wants of traders, it’s having a negative effect on the tech sector. That’s pulling down other stocks today as well.
However, Microsoft (NASDAQ:MSFT) saw its shares rise with the release of its latest earnings report. Now investors are just wondering what other tech giants will report this week.
For example, Amazon (NASDAQ:AMZN) is going to release its earnings report after markets close tomorrow. Those results could have a major effect on the stock market as it’s a leader in the e-commerce and technology spaces.
Let’s check out how the major stock indices are performing today below!
Stocks Down Today: Major Indices Movement
- Starting us off today is the tech-heavy Nasdaq Composite and its 1.23% decrease this morning.
- Next on our list is the S&P 500, which is down 0.64% as of Wednesday morning.
- Finally, the Dow Jones Industrial Average bucks the other two by rising nearly 0.1% as of this writing.
Investors looking for more of the most recent stock market stories for today are in the right place!
We’re offering up insight into all of the hottest stock market news that traders need to know about on Wednesday! A few examples include why shares of Boeing (NYSE:BA), Vicinity Motor (NASDAQ:VEV) and GOOGL stock are dropping today. You can catch up on all of these topics by checking out the links below!
More Stock Market News for Wednesday
- BA Stock Alert: Boeing Cuts Aircraft Delivery Forecast
- VEV Stock Alert: Vicinity Motor Receives Nasdaq Delisting Warning
- GOOG Stock Price Predictions: What’s Next for Alphabet After Mixed-Bag Earnings?
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
