Dow Jones Falls After Jobs Data, GDP Report; Super Micro Plunges 30%
Democrat Abortion Lies <[email protected]>
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The Dow Jones Industrial Average traded lower Wednesday, as Wall Street digested employment data and the GDP report. Meanwhile, Google parent Alphabet (GOOGL) was a big earnings winner on the stock market today, but Advanced Micro Devices (AMD) plunged. After the opening bell, the Dow Jones Industrial Average dropped 0.1%, while the S&P 500 fell 0.2%. The tech-heavy Nasdaq composite moved down 0.2% in morning trading. Early Wednesday, the 10-year Treasury yield ticked lower to 4.22%. Oil prices remained near this week's lows, as West Texas Intermediate futures traded around $68 per barrel. Among exchange traded funds, the Invesco QQQ Trust (QQQ) fell 0.2%, as the SPDR S&P 500 ETF (SPY) inched lower after the open. Super Micro Computer (SMCI) plunged 30% Wednesday morning after the company's auditor Ernst & Young resigned over governance and transparency concerns. Shares are set to hit a new 52-week low. https://www.investors.com/market-trend/stock-market-today/dow-jones-pre- market-sp500-nasdaq-jobs-adp-google-stock/