US Market today: Why did Ford share price crash? Check top gainers and losers in the US markets

US stock market news today
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What happened in the US stock market today?

  • US stocks ended lower on Tuesday. Nasdaq down 0.95%, S&P 500 dropped 1.13% and Dow Jones declined 1.01%.
  • Investors await an important rate hike decision from the US Central Bank. The Central Bank is likely to increase the rates by up to 1%.
  • All S&P 500 sectors ended in the red, with real estate being the worst performer.

US stock market today: Top gainers and losers

Stock price actionReason behind the move
Adobe fell 2%Adobe share price extended fall over analysts' valuation concerns over $20 billion acquisition plan of web-based design platform Figma.
Amazon fell 2%Amazon share price fell over reports of IRobot deal facing regulatory hurdles, leading to delay in approvals.
Apple rose 2%Apple share price rallied over changes in its App Store pricing policy, 'Buy' recommendation with a price target of $220 per share by Wedbush brokerage.
ARK Innovation ETF fell 2%ARK Innovation ETF price fell, driven by the losses in underlying growth stocks of Roku and Shopify.
Bank Of America fell 2%Bank Of America share price fell along with financial stocks ahead of US central bank's decision about interest rate hike.
Coinbase fell 3%Coinbase share price fell sharply tracking the losses in Bitcoin price ahead of US central bank's decision about interest rate hike.
Direxion Daily Semiconductor Bull 3X Shares ETF fell 4%Direxion Daily Semiconductor Bull 3X Shares ETF price fell tracking the losses in chip stocks of AMD and Marvell Technology.
Direxion Daily Technology Bull 3X Shares ETF fell 2%Direxion Daily Technology Bull 3X Shares ETF price fell driven by losses in the shares of PayPal and NVIDIA.
Ford sank 12%Ford share price fell over reports of $1 billion hit on revenue from inflation and delivery delays.
Global X Lithium & Battery Tech ETF fell 1%Global X Lithium & Battery Tech ETF price fell tracking the losses in lithium prices and underlying stock of Albemarle Corporation.
Google (Alphabet) fell 2%Google (Alphabet) share price fell along with big tech stocks ahead of US central bank's interest rate decision to control inflation.
Intuit fell 1%Intuit share price ended lower driven by reports of management, hedge funds selling stock.
Mastercard ended flatMastercard share price ended flat despite reports of potential regulatory actions over 'Buy Now Pay Later' business.
Microsoft ended 1% lowerMicrosoft share price fell over reports of legal hurdle in UK for its $69 billion deal of acquisition of Activision.
Netflix ended flatNetflix share price ended flat despite signs of growing optimism on Advertising business.
Nike fell 4%Nike share price fell post weak growth forecast, downgrade by Barclays.
PayPal fell 4%PayPal share price fell post analysts raised concerns over lower margins.
ProShares Ultra Semiconductors fell 3%ProShares Ultra Semiconductors ETF price fell tracking the losses in chip stocks of Broadcom and Intel.
ProShares UltraPro S&P 500 ETF lost 3%ProShares UltraPro S&P 500 ETF price extended decline ahead of US central bank's decision on interest rate hike.
Roblox fell 2%Roblox share price extended fall over weaker than anticipated August month numbers for daily active users and revenue.
Shopify sank 6%Shopify share price fell after Morgan Stanley raised concerns over short term growth outlook, growing competition.
Tesla ended flatTesla share price ended flat over reports of finishing expansion of production capacity at Shanghai plant.
  • Why is Ford share price falling?

  • Why did Nike stock drop?

  • Why did Amazon share price fall?

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