
U.S. stock markets experienced a decline on January 13, 2025, led by significant losses in technology stocks. The Nasdaq 100 futures fell as much as 1.5% earlier in the day, while the S&P 500 dropped by 1%. At market open, the Nasdaq was down 1.31% or 251.58 points, the S&P 500 declined 0.82% or 47.96 points, and the Dow Jones fell 0.12% or 49.34 points. Five of the 11 S&P 500 sectors declined, with Technology stocks leading the losses, down 1.8%. Major technology companies saw notable declines, including Tesla (-20%), Apple (-2.7%), Nvidia (-2.5%), Microsoft (-11%), and Meta (-6%). Broadcom was one of the few exceptions, rising 0.6%. The Nasdaq 100 index was down 1.7% in early trading. Despite the broader decline, approximately 56% of stocks posted gains, highlighting a mixed performance across the market.
USA Stocks: Headliners & Highlights Broadcom barely bucking the losses in the select club; Amazon & Netflix looking to jump to its side too! Mega caps, FAANG, the magnificent seven 7 !!! 🟢 Broadcom $AVGO +0.6% 🔴 Nvidia $NVDA -2.5% Apple $AAPL -2.2% Meta Facebook…
Five of the 11 S&P 500 sectors declined, led by a 1.8 per cent drop in Technology stocks. Megacaps were down, with Tesla sliding 2 per cent, Apple dropping 2.7 per cent https://t.co/txLWZqtPvu
About 56% of stocks are positive today, but $NVDA and $AAPL are down over -2%. The mega tail that wags the dog.