Wednesday, 19 May 2021: US equity markets weaker, with technology stock turning lower late in the session
May 18, 2021 ·
7m 26s
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Description
US equity markets weaker, with technology stock turning lower late in the session - Dow fell -267-points or -0.78% . The broader S&P500 lost -0.85% with Energy (down -2.63%) leading...
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US equity markets weaker, with technology stock turning lower late in the session - Dow fell -267-points or -0.78% . The broader S&P500 lost -0.85% with Energy (down -2.63%) leading nine of the eleven primary sectors lower. The Nasdaq -0.56% . Amazon.com Inc fell -1.17% following reports that the company is in discussions to acquire MGM Holdings Inc for ~US$9B. Apple Inc (down -1.12%) had previously been rumoured to have been interested in buying MGM, which started formally seeking a sale last year. The small capitalisation Russell 2000 %.
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Information
| Author | Morgans Financial Limited |
| Organization | Morgans Financial Limited |
| Website | - |
| Tags |
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