Stocks Fall for Fourth Day, Led by Weak Sempra Earnings | Global News Avenue

The major U.S. stock indexes are Consumer Confidence Report and the losses of several notable tech companies.

this S&P 500 0.5% decline, marking the benchmark index The fourth consecutive decline. Technology-centric Nasdaq 1.35%, while Dow Jones Industrial Average Higher 0.4%.

Energy company Sempra (SRE) The share price fell 19.0%, the most of any companies in the S&P 500. Its revenue and revenue in the fourth quarter are respectively Lower than expected. Gas and Electric Holdings also cut its earnings outlook for 2025, citing “the background of recent and planned regulatory affairs and a higher cost environment.”

Tesla (TSLA) Stocks continued to see the recent slides down nearly 8.4%, reported European registration Because its electric car will be cut in almost half. The stock has lost about a quarter of its value so far this year and has become The weakest performance In the grand 7 so far this year.

Supercomputer (SMCI) Stocks fell 11.8% during the trade fair The deadline is approaching In order to make the server manufacturer submit its Form 10-k However, in fiscal year 2024. However, after submitting the required documents by the deadline, it pours all the ground down and then trades after get off work.

Solventum shares (Solvent) reached 9.5% after medical device manufacturers agreed, leading the S&P 500 Sell ​​its purification and filtration business Go to Thermo Fisher Science (TMO) US$4.1 billion. Healthcare Companies Rotate from 3m ((Um) April 2024 and stated that it plans to use Thermo Fisher to earn profits Pay off debts.

Real Estate Investment Trust American Tower (amt) Stocks grew 6.1% after revenue exceeded expectations as telecom and wireless carrier customers drove higher leasing demand.