EPISODE · Aug 2, 2024 · 3 MIN
[170-24] Capital Markets Quickie: Market Shakes as Weak Economic Data Sparks Sell-Off
from Capital Markets Quickie · host Endrit Cela
US stocks faced heavy selling pressure Thursday as weak economic data and a sharp sell-off in chip stocks spurred losses. The Dow fell over 490 points, and the Nasdaq dropped 2.3%. Investors are now eyeing the upcoming July jobs report and Big Tech earnings for direction. >>> Make sure to check out my newsletter "Cela's Weekly Insights": https://endritcela.com/newsletter/ >>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”: https://www.youtube.com/@MainValue >>> Visit out website for interesting articles on business, finance and much more: http://www.mainvalue.de >>> Follow me on LinkedIn: https://www.linkedin.com/in/endrit-cela/ >>> Follow me on Instagram: https://www.instagram.com/endritcela_official/ Disclaimer for "Capital Markets Quickie" Podcast: The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.
What this episode covers
US stocks faced heavy selling pressure Thursday as weak economic data and a sharp sell-off in chip stocks spurred losses. The Dow fell over 490 points, and the Nasdaq dropped 2.3%. Investors are now eyeing the upcoming July jobs report and Big Tech earnings for direction. >>> Make sure to check out my newsletter "Cela's Weekly Insights": https://endritcela.com/newsletter/ >>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”: https://www.youtube.com/@MainValue >>> Visit out website for interesting articles on business, finance and much more: http://www.mainvalue.de >>> Follow me on LinkedIn: https://www.linkedin.com/in/endrit-cela/ >>> Follow me on Instagram: https://www.instagram.com/endritcela_official/ Disclaimer for "Capital Markets Quickie" Podcast: The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.
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[170-24] Capital Markets Quickie: Market Shakes as Weak Economic Data Sparks Sell-Off
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