Bloomberg Closing Bell: Tech Weakness Ends S&P Rally Amid Oil Drop, Fed Watch
Bloomberg anchors Romaine Bostick, Katie Granville, and Carol Massar recap the trading day two minutes before the close. The S&P 500, Nasdaq, and Russell finished lower after a three-day rally, while the Dow rose to a record high on strength in financials and materials. Tech dragged indices lower; oil prices fell sharply on Middle East developments and an upcoming Fed decision. Segments covered individual movers including SpaceX post-IPO, Western Digital, Seagate, Moderna, Southwest Airlines, Lionsgate, exchange operators, Snap, and Tractor Supply.
Source: Bloomberg Television