Jackson Hole, Powell and NASDAQ futures
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Salesforce (NYSE: CRM) and Adobe (NASDAQ: ADBE) are down more than 20% year to date despite a 12% gain in the Nasdaq. Here's what's driving the sell-off in these artificial intelligence (AI) growth stocks, and if they could be worth buying now.
A steep slide in shares of semiconductor companies was dragging on the Nasdaq Composite on Tuesday afternoon, putting the tech-heavy index on track for a rare underperformance versus the Dow Jones Industrial Average.
10 stocks we like better than Arm Holdings › The Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced 857% during the last two decades, equivalent to an annual return of 12%.
US Stock Market Today slipped into caution on Thursday as the Dow Jones fell 230 points, the S&P 500 marked its fifth straight loss, and the Nasdaq ended slightly weaker. The days biggest shock came from Walmart earnings,
U.S. stocks were extending their losses in midday trading on Tuesday, with the Dow Jones Industrial Average retreating from an intraday record, while a selloff in semiconductor stocks was weighing on the S&P 500 and the Nasdaq Composite.
Key PointsThe Nasdaq-100 index features the top growth stocks in the world, and tracking it has resulted in significant returns for long-term investors.