Nasdaq closes lower as chipmaker Micron's warning renews tech rout - Reuters


8/9/2022 12:00:00 AM2 years 8 months ago

The Nasdaq closed down on Tuesday after a dismal forecast from Micron Technology pulled chip makers and tech stocks lower as investors await U.S. inflation data that could lead the Federal Reserve to further tighten its efforts to curb inflation.

NEW YORK, Aug 9 (Reuters) - The Nasdaq closed down on Tuesday after a dismal forecast from Micron Technology pulled chip makers and tech stocks lower as investors await U.S. inflation data that could… [+4999 chars]

full article...