Major US stock indices move lower with the
- NASDAQ index falling -2.04%.
- The S&P index fell -1.17% and the
- Dow industrial average fell -0.53%.
The hangover from last week's Fed meeting, the government shutdown, concerns about overvaluation, and bitcoin tumbling back below the $100,000 level hurt the sentiment
Looking at some of the company specific stocks:
- Meta-is down for the 4th consecutive day and 16% since its earnings last week.
- Palantir tumbled -7.95% on overvaluation after beating on earnings after the close.
- Nvidia shares fell -3.96%,
- Broadcom shares fell -2.93%,
- Micron -7.13%
- Shopify -6.93%
- AMD shares fell -3.7% ahead of earnings after the close.
- Oracle fell -3.75%