downfall for tech giants

downfall for tech giants

© Bloomberg

There were mixed movements in stocks with a fall of the tech giants, This moderates optimism in the face of better than estimated economic data.

S&P 500 closed with few changes and Nasdaq 100 fell amid expiration on stock options on Friday.

These are some of the main movements in the markets:


  • The S&P 500 was little changed at 4 pm New York time.
  • The Stoxx Europe 600 Index rose 1.3%.
  • The MSCI Asia Pacific Index fell 0.1%.

Foreign exchange

  • The Bloomberg Dollar Spot Index fell 0.2%.
  • The euro rose 0.1% to US $ 1,172
  • The British pound was up 0.1% to $ 1.2922.
  • The Japanese yen registered little change at 105.40 per dollar.


  • The 10-year Treasury yield rose one basis point to 0.74%.
  • The yield on Britain’s 10-year bonds advanced less than one basis point to 0.182%.
  • The yield on Germany’s 10-year bonds fell one basis point to -0.62%.

Basic products

  • West Texas Intermediate crude fell 0.1% to US $ 40.91 a barrel.
  • Gold lost 0.3% to $ 1,902.22 an ounce.


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