US stock market crashes today: Why are Dow, S&P 500, and Nasdaq falling as Wall Street questions sky-high tech valuations amid Palantir, Tesla, and Russian oil shocks
US stock market crashed today as Wall Street questioned sky-high tech valuations. The Nasdaq sank 0.9%, the S&P 500 fell 0.6%, and the Dow slipped 0.2%. Palantir plunged over 7% despite strong earnings, while Tesla dropped 3% after Norways wealth fund opposed Elon Musks $1 trillion pay deal. Caterpillar slid 3.8% even after boosting growth targets. Meanwhile, Russian oil exports tumbled 190,000 barrels per day, shaking energy markets. Valuation fears now threaten the 2025 tech rally.
US stock market crashed today as Wall Street questioned sky-high tech valuations. The Nasdaq sank 0.9%, the S&P 500 fell 0.6%, and the Dow slipped 0.2%. Palantir plunged over 7% despite strong earnings, while Tesla dropped 3% after Norways wealth fund opposed Elon Musks $1 trillion pay deal. Caterpillar slid 3.8% even after boosting growth targets. Meanwhile, Russian oil exports tumbled 190,000 barrels per day, shaking energy markets. Valuation fears now threaten the 2025 tech rally.
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