Stock Market Today: Stocks slip on tech bubble worries; GDP improves
The S&P 500 has erased all of its gains for the month following its biggest single-day slump since December of 2022.
![Stock Market Today: Stocks slip on tech bubble worries; GDP improves](https://bizli.net/uploads/images/202407/image_870x_66a2687f2c3aa.jpg)
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U.S. shares extended declines Thursday, following on from the worst day for the S&P 500 and the Nasdaq in very nearly two years, as traders proceed to dump megacap tech shares and pare dicy bets in markets world large the realm.
As much as this element at 9:38 AM EDT
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The stronger-than-predicted second quarter GDP wisdom, paired with easing inflation pressures, is adding to bets that a September Fed price curb can e-book shares following the present tech-lead selloff.
The S&P 500 was once final marked 1, or zero.03%, whilst the Nasdaq slipped forty six, or zero.27%. The Dow, in the period in-between, delivered around 75 aspects in the openings minutes of buying and selling.
S&P 500 Opening Bell Heatmap (Jul. 25, 2024)$SPY -zero.07%
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