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Wall Street declines under tech pressure

Economies.com
2023-01-25 15:21PM UTC

US stock indices declined on Wednesday after disappointing corporate results.

 

Microsoft recently announced strong quarterly results in the last three months of 2022 from computing earnings, while Boeing missed expectations. 

 

Dow Jones fell 0.8%, or 270 points as of 15:19 GMT to 33,460, as S&P 500 shed 1.3%, or 53 points to 3,964, while NASDAQ gave up 2%, or 102 points to 11,103. 

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