"The Nasdaq Composite fell 1.8% as a tech-driven sell-off extended into Friday's session. Walmart (WMT) announced CEO Doug McMillon will step down in early 2026 after over a decade. He will be replaced by John Furner. Morgan Stanley raised its Nvidia (NVDA) price target by $10 to $220 ahead of next week's earnings report. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today."
"Stocks cannot get out of their own way as the tech-driven market sell-off extends into the final trading session of this week. With just about all sectors of the economy trading in the red, all three major stock market indices are spiraling, not least a 1.6% drop in the Nasdaq Composite out of the gate. Meanwhile, the Dow Jones Industrial Average is losing 450 points while the S&P 500 is down by over 1%."
Major U.S. stock indices fell sharply as a tech-driven sell-off extended into Friday's session. The Nasdaq Composite dropped about 1.8% while the Dow fell roughly 0.85% and the S&P 500 declined over 1%. Bitcoin dipped below the psychologically sensitive $100,000 level amid a broader risk-off climate. Advanced Micro Devices gave back earlier weekly gains, falling about 3.5% to below $240 after trading above $260 earlier in the week. Walmart announced CEO Doug McMillon will step down in early 2026 and will be succeeded by John Furner. Morgan Stanley raised its Nvidia price target to $220 ahead of earnings.
Read at 247wallst.com
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