● 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.
What changed
Markets shifted from AI-driven optimism to a sell-off in big tech amid geopolitical tensions with Iran.
Live updates
-
S&P 500 and Nasdaq Close Lower as Megacap Tech Slumps
confidence 90%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.