"Tech Slump Sparks Stock Market Retreat"

TL;DR Summary
Stocks were mixed on Tuesday as the Dow and S&P 500 slipped while the Nasdaq turned barely positive, with tech stocks losing steam after a Samsung profit warning. Investors are focused on the December consumer inflation reading and the upcoming fourth-quarter earnings season. Meanwhile, oil prices rose over 2% on tensions in the Middle East and Saudi Arabia's decision to cut crude prices. Hewlett Packard Enterprise is reportedly in talks to acquire Juniper Networks in a deal that could be valued at $13 billion, while Unity Software announced plans to lay off about 1,800 employees, causing its shares to fall almost 7%.
Reading Insights
Total Reads
0
Unique Readers
21
Time Saved
6 min
vs 7 min read
Condensed
93%
1,383 → 102 words
Want the full story? Read the original article
Read on Yahoo Finance