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Nasdaq Takes Another Hit as Tech Giants Report Earnings – Motley Fool
Three out of four top Nasdaq stocks fell sharply on the day. Find out which one avoided the pain.
Earnings season has reached its peak, and on Friday, the Nasdaq Composite(NASDAQINDEX:^IXIC) didn’t like what it saw from the latest reports of its most important constituents. As of 1 p.m. EDT, the Nasdaq was down 2.5%, doubling the declines in a couple of other prominent stock market benchmarks.
Investors got an onslaught of fundamental business information since the market closed late Thursday afternoon, and they got their chance today to trade on that news. The result was that Apple (NASDAQ:AAPL),…
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