The Economic Times News

US stock market today falls: S&P 500 and Nasdaq are down while Dow gains - Oracle and Nvidia lead today's biggest tech losses

US Stock market today opened mixed as tech stocks stumbled. Oracle earnings shocked investors. Cloud revenue missed. $15 billion data center spend announced. Shares dropped 15.6%. Nasdaq fell 0.7%, S&P 500 down 0.4%, Dow up 0.3%. AI spending fears hit tech valuations. NVIDIA slid 2.8%. Fed cut rates again but Powell signals no January hike. Jobless claims rose to 236,000, ahead of November jobs report.