3min chapter

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After the Tech Sell-off: Big Bank Earnings, Hot PPI, Tesla 11-day Win Streak Snapped 7/12/24

Squawk on the Street

CHAPTER

Market Trends and Tech Sell-Off Aftermath

This chapter delves into market trends like the honoring of the 1999 US Women's National Soccer Team, a NASDAQ-listed company celebrating a recent SPAC listing, and the performance of stock indices amidst inflation data affecting Treasury yields. It also explores the aftermath of a recent tech sell-off, focusing on mega-cap tech companies like Apple, Meta, Amazon, Microsoft, and Nvidia, and the impact of a hack involving AT&T and Snowflake.

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