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● LIVE Updated 1d ago · 17 sources tracked

S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

The S&P 500 and Nasdaq declined on Monday, pulled down by losses in megacap technology stocks including Alphabet. Investors are monitoring U.S.-Iran negotiations and spending by hyperscalers. The Dow rose due to gains in the industrial and healthcare sectors.

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What changed

Markets shifted from AI-driven optimism to a sell-off in big tech amid geopolitical tensions with Iran.

Live updates

  1. S&P 500 and Nasdaq Close Lower as Megacap Tech Slumps

    The S&P 500 and Nasdaq declined on Monday, pulled down by losses in megacap technology stocks including Alphabet. Investors are monitoring U.S.-Iran negotiations and spending by hyperscalers. The Dow rose due to gains in the industrial and healthcare sectors.

    What's confirmed:

    • The S&P 500 and Nasdaq closed lower on Monday.
    • Alphabet and megacap technology stocks dragged the indexes down.
    • Investors are monitoring U.S.-Iran negotiations.

    Still unconfirmed:

    • The S&P 500 fell 1.4% Tuesday.
    • SpaceX stocks were hammered.
    • Asian shares are mixed due to uncertainty about efforts to end the war in Iran.
    confidence 90%