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US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

The S&P 500 and the Nasdaq closed down on Monday, dragged lower by declines in the megacap technology stocks including Alphabet, while investors assessed developments in U.S.-Iran negotiations. The Dow closed higher, boosted by the healthcare and industrial sectors. SpaceX tumbled and weighed heavily on the Nasdaq Composite. The Elon Musk-led company launched ‌its first-ever debt offering ⁠on ⁠Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19. Optimism a…

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Economic TimesLean R·3h ago
US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
The S&P 500 and the Nasdaq closed down on Monday, dragged lower by declines in the megacap technology stocks including Alphabet, while investors assessed developments in U.S.-Iran negotiations. The Dow closed higher, boosted by the healthcare and industrial sectors. SpaceX tumbled and weighed heavily on the Nasdaq Composite. The Elon Musk-led company launched ‌its first-ever debt offering ⁠on ⁠Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19. Optimism a…
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US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

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