Mumbai, Oct. 6 -- The tech-heavy Nasdaq fell 63.54 points (0.3%) to 22,780.51, the S&P 500 crept up 0.44 points or less than a tenth of a percent to 6,715.79 and the Dow climbed 238.56 points (0.5%) to 46,758.28.
The Nasdaq pulled back as major tech stocks weakened, with Palantir plunging 7.5% after a Reuters report revealed a U.S. Army memo citing "fundamental security" issues in its battlefield network project. Tesla slipped 1.4% and Nvidia dipped 0.7% after hitting a record high the previous session.
Broader markets stayed muted as the ongoing U.S. government shutdown delayed key economic data, including the monthly jobs report. However, weak private employment and services data raised confidence that the Federal Reserve will continu...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.