US Stocks Wiggle as Big Tech Gets Ready to Share Big News 📈
Hey there! Do you know what the stock market is? It’s like a big marketplace where people buy and sell tiny pieces of companies, called stocks.
On Monday, the US stock market had a bit of a mixed day. Some stocks went up, and some went down. It’s a bit like when some of your friends are happy, and some are a bit grumpy!
What’s Happening?
This week, many big technology companies, like Apple, Amazon, and Google (they’re also called Big Tech), are going to share their earnings reports. That’s like a report card for a company, showing how much money they made!
Investors (people who buy and sell stocks) are excited and maybe a little nervous to see how these companies did. If they did well, their stock prices might go up! If not, they might go down.
How Did the Stocks Do?
On Monday:
- The Dow Jones (that’s one group of stocks) went down just a tiny bit, 0.04%.
- The S&P 500 (another group) went up a little, 0.14%.
- The Nasdaq (a group with lots of tech stocks) went up 0.38%.
Some companies did really well! For example, Verizon, a big phone company, saw its stock go up by 4% because it did better than people expected. Hooray for them! 🎉
Why Does It Matter?
When big companies share good news, it can make people feel happy about the economy. When they share not-so-good news, people might worry. It’s a bit like cheering on your favorite team!
One expert said that because people weren’t expecting big numbers, even okay results might make investors feel better.
Looking Ahead
This week, everyone is watching to see how the Big Tech companies did. Companies like Alphabet (that’s Google!), Amazon, and Tesla are sharing their earnings. It’s like waiting to see the results of a big game! Who will score the most points?
So, keep an eye out for more news this week. The stock market might have some surprises in store! 📊✨
Reference(s):
cgtn.com
