NEW YORK — Stocks are skidding Tuesday morning, putting the market back into the red for the year, as weak results from retailers and mounting losses for big technology companies compound the market’s losses from the day before. Energy and industrial companies are also dropping. Target plunged after reporting earnings that missed Wall Street’s estimates, while Ross Stores, TJX and Kohl’s all gave disappointing forecasts.
Global Markets Sink Again As Tech And Retail Stocks Drop
MARLEY JAY, AP Markets Writer, The Columbian
Tue, 11/20/2018 - 8:54am
Sections: u.s.
Topics: Washington Clark County Vancouver
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BING NEWS:
- Tech-stock stumble is a worry heading into 2025. Here’s what could save the day.
It isn’t all bad news, said John Krinsky, chief market technician at BTIG, in a Wednesday client note. Tech’s XLK -1.62% 1.5% fall makes it by far the worst-performing S&P 500 sector and is a concern ...
11/27/2024 - 5:36 am | View Link - More
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