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Forex news -forex broker review => Forex => Topic started by: forex4you on May 12, 2022, 04:46 am

Title: NASDAQ index falls another 3%+ on the day.
Post by: forex4you on May 12, 2022, 04:46 am
NASDAQ index falls another 3%+ on the day.

Another we close for the NASDAQ index. It is closing down -373 point -3.18%. In addition the FAANG stocks are now all in bearish territory as Apple is now down over 20% from its all-time high. The NASDAQ index is closing down -29.9% from its all-time high. The S&P index is down -18.33% The Dow industrial average is faring the best with a decline of -13.85% from its all-time highFor the day:Dow industrial average is down -326.63 points or -1.02% at 31834.10S&P index is down -65.85 points or -1.65% at 3935.19NASDAQ index is down -373.43 points or -3.18% at 11364.25Russell 2000 is down 43.64 points or -2.48% at 1718.14After the close Disney has reported their earnings.Revenues $19.25 billion versus $20.03 billionearnings-per-share $1.08 versus $1.19 estimateQ2 subscribers 137.7 million versus 135 million estimateDespite the miss, there are some quirks in the data compared to the estimates. The Q2 subscribers were a relief.. The futures are up $5.09 or 4.78% at around $110.

Source: NASDAQ index falls another 3%+ on the day. (https://www.forexlive.com/news/nasdaq-index-falls-another-3-on-the-day-20220511/)

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