A selloff in the world’s largest technology companies dragged down stocks, while the latest economic data gave support to the Federal Reserve’s cautious stance on rate cuts.
Shares of Dell and HP slid in morning trading after both personal-computer makers issued downbeat outlooks. Executives said consumers were proving slow to upgrade PCs, but cited ...
The S&P 500 registered its 52nd record close of the year on Tuesday, and even the Nasdaq managed to eke out a gain, even though Dell and HP reported slower sales on sluggish demand for PCs. Dell’s ...
Shares were mixed in Asia on Wednesday, with Chinese shares leading gains, after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs.