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Stocks declined for a second day, weighed down by declines in tech giants that previously lifted major indices higher in 2023.
The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ lost 1.2% to 14,592.21, building on its worst daily performance since October. The $S&P 500 Index (.SPX.US)$ declined 0.8% to 4,704.81, while the $Dow Jones Industrial Average (.DJI.US)$ fell 0.8% to 37,430.19.
Software stocks tracked by moomoo slid...
Stocks declined for a second day, weighed down by declines in tech giants that previously lifted major indices higher in 2023.
The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ lost 1.2% to 14,592.21, building on its worst daily performance since October. The $S&P 500 Index (.SPX.US)$ declined 0.8% to 4,704.81, while the $Dow Jones Industrial Average (.DJI.US)$ fell 0.8% to 37,430.19.
Software stocks tracked by moomoo slid...
![Wall Street Today | Tech Giants Retreat Again, Fueling Stock Selloff](https://ussnsimg.moomoo.com/77777011/editor_image/ea47b1bedbc836c99212d590079958ae.png)
![Wall Street Today | Tech Giants Retreat Again, Fueling Stock Selloff](https://ussnsimg.moomoo.com/feed_image/77777011/0c0ea9cae44c395ead6d4e607ed97e39.jpg/thumb)
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Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of this week! Answer the Weekly Topic question for a chance to win an award next week!
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Weekly Buzz: Major indexes close out a big year with a red day
On the last trading day of 2023, $S&P 500 Index (.SPX.US)$ fell short o...
Make Your Choice
Weekly Buzz: Major indexes close out a big year with a red day
On the last trading day of 2023, $S&P 500 Index (.SPX.US)$ fell short o...
![Weekly Buzz: Major indexes close out a big year with a red day](https://ussnsimg.moomoo.com/77777000/editor_image/674bb5756b443915a55cb04cde3d4ece.gif/thumb)
![Weekly Buzz: Major indexes close out a big year with a red day](https://ussnsimg.moomoo.com/77777000/editor_image/ac63ebf65ab33c46842f2ed45e4f176c.jpg/thumb)
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U.S. stocks traded modestly higher Thursday, pushing the S&P 500 to within just a few points of a fresh record closing high.
The $S&P 500 Index (.SPX.US)$ gained 2 points, or 0.04%, to 4,783. The $Dow Jones Industrial Average (.DJI.US)$ rose by 53 points, or 0.14%, to 37,710. The $Nasdaq Composite Index (.IXIC.US)$ fell 4 points, or 0.03%, to 15,095.
U.S. stocks opened higher as the penultimate trading session of 2023 got un...
U.S. stocks traded modestly higher Thursday, pushing the S&P 500 to within just a few points of a fresh record closing high.
The $S&P 500 Index (.SPX.US)$ gained 2 points, or 0.04%, to 4,783. The $Dow Jones Industrial Average (.DJI.US)$ rose by 53 points, or 0.14%, to 37,710. The $Nasdaq Composite Index (.IXIC.US)$ fell 4 points, or 0.03%, to 15,095.
U.S. stocks opened higher as the penultimate trading session of 2023 got un...
![Wall Street Today | Stocks Advance, S&P Crawling Toward Record High](https://ussnsimg.moomoo.com/77777011/editor_image/5355809a9d4a336f801d33fab0cf5f6f.png/thumb)
![Wall Street Today | Stocks Advance, S&P Crawling Toward Record High](https://ussnsimg.moomoo.com/77777011/editor_image/4425745c8d083927bab5dddf254ea418.png/thumb)
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Today's U.S. stock market valuations are among the priciest on record.However, when considering the context of the market's peak in early January 2022, stocks may present relatively better value now.
How pricey is the stock market now?
Currently, the $S&P 500 Index (.SPX.US)$ is valued at approximately 19 times the projected earnings per share for the next 12 months of its constituent companies. This is higher than...
How pricey is the stock market now?
Currently, the $S&P 500 Index (.SPX.US)$ is valued at approximately 19 times the projected earnings per share for the next 12 months of its constituent companies. This is higher than...
![S&P 500 Valuation: Expensive by Historical Standards Yet Relative Improvement Noted](https://ussnsimg.moomoo.com/feed_image/77777013/92ba51a7322e37f582ae7f37b279f01c.png/thumb)
![S&P 500 Valuation: Expensive by Historical Standards Yet Relative Improvement Noted](https://ussnsimg.moomoo.com/feed_image/77777013/31130c36c14635f1b322b19503d56c73.jpg/thumb)
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Despite TSLA shares are up about 110% in 2023, doubling after a lackluster 2022 when shares tumbled more than 60%, the growth story around the EV giant has come into question.
Tesla likely delivered 1.82 million vehicles globally in 2023, up 37% from 2022, with about 473,000 units in the fourth quarter, according to 14 analysts polled by LSEG. The EV maker is expected to report quarterly deliveries and production as early as nex...
Tesla likely delivered 1.82 million vehicles globally in 2023, up 37% from 2022, with about 473,000 units in the fourth quarter, according to 14 analysts polled by LSEG. The EV maker is expected to report quarterly deliveries and production as early as nex...
![Tesla Deliveries to Hit Record, But Fall Short of Musk's Aspirations](https://ussnsimg.moomoo.com/feed_image/77777013/755eeca1e07839f5b1ff20d054ab6561.jpg/thumb)
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