Dow Jones, Nasdaq Close Lower, Post Weekly Losses; Auto Retailers Surge To New Highs
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The Dow Jones Industrial Average fell in today's stock market and closed out this week with a loss. The Nasdaq also traded lower.
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Super Micro Computer's lack of a preliminary earnings report led to a bloodbath in the sector.
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The Wall Street Journal•California loses 2 more property insurers in growing crisis
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Fox Business•Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street
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Business Insider•Why Semiconductor Stocks Were Smacked Down Today
The high-flying sector caught a bit of gloom at the end of the week due to several discouraging developments.
Motley Fool•Super Micro Stock Plunges 23% On Lack Of Preliminary Results. It's A Big Sell Signal.
Super Micro stock fell hard after the data-center computer specialist didn't announce preliminary results for its fiscal Q3.
Investor's Business Daily•Stock market today: S&P 500 falls for 6th day in a row amid weakness in mega-cap tech
The losses in the stock market accelerated after Super Micro Computer announced earnings without preannouncing results.
Business Insider•Time to Pounce: 2 Superb Utility Stocks That Haven't Been This Cheap in at Least 10 Years
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Motley Fool•Trump Media CEO Decries Naked Short Selling; Citadel Fires Back, Stock Rises
Shares of Truth Social's parent rose in another volatile session, extending a roller-coaster stretch of trading for Donald Trump's social-media startup. On Thursday, Trump Media Chief Executive Devin Nunes sent a letter to Nasdaq CEO Adena Friedman asking her to help prevent illegal naked short selling and to make sure trading firms disclose their short positions.
The Wall Street Journal•