Dow down 300, tech leads losses, Snowflake drops


A steep sell-off in major technology shares dragged the Nasdaq Composite back into correction territory. Meanwhile, investors remained on edge about the outlook of further coronavirus stimulus as well as the timing of a viable vaccine. Snowflake — the biggest software IPO ever — fell sharply after its shares more than doubled in the market debut Wednesday. Here’s what’s happening: 



Source link

Discover

Sponsor

Latest

Lyft, Nordstrom, Box & more

Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California.Mario Tama...

Ford Bronco R race prototype finishes the Baja 1000

Ford entered its Bronco R race prototype in the Baja 1000 for the second year in a row, and this time the Blue...

Doctor predicts another Covid surge amid presence of new variants

Dr. Nahid Bhadelia, medical director of the Special Pathogens Unit at Boston Medical Center, told CNBC's  "The News with Shepard Smith" that she...

Preparing for Baby: What I Wish I Knew

Parents share what they wish they’d known before they brought their newborn home. Source link

Watch the Tesla Model S Plaid lap Laguna Seca in 1:30.3

It's one thing to read that a car, in this case the 1,100-horsepower tri-motor Tesla Model S Plaid, is fast. It's quite another...