FinanceTimes of India

US stocks today: Wall Street trades in red as oil tops $100 per barrel; Nasdaq tumbles over 2%, Dow slips over 600 points

in5points
  1. Nasdaq fell over 2% and Dow dropped over 600 points as Wall Street opened lower on Thursday.

  2. Big Tech earnings from Alphabet and Tesla raised investor concerns over massive AI spending. Alphabet shares fell 6.4%, Tesla shares dropped 12.2%.

  3. Oil prices surged past $100 per barrel amid Middle East tensions, with new front in Red Sea involving Houthis.

  4. Weak market breadth showed more declining stocks than advancing ones on exchanges.

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Mostly straight facts, with a light government- or market-friendly tilt.

About how the story is framed, not whether the facts are true.

Times of India

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Mixed factuality

Who owns this?

Sahu Jain family

Times Group

Bennett, Coleman & Co. (Sahu Jain family)

India's largest newspaper group by circulation.

Wikipedia: Sahu Jain family