Advertisement
Canada markets closed
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7324
    +0.0026 (+0.36%)
     
  • CRUDE OIL

    83.78
    +0.97 (+1.17%)
     
  • Bitcoin CAD

    88,653.49
    +1,191.23 (+1.36%)
     
  • CMC Crypto 200

    1,398.50
    +15.93 (+1.15%)
     
  • GOLD FUTURES

    2,343.70
    +5.30 (+0.23%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,814.75
    +150.25 (+0.85%)
     
  • VOLATILITY

    15.37
    -0.60 (-3.76%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6824
    +0.0005 (+0.07%)
     

Why Nvidia, Snowflake, and Roku Stocks Slumped Thursday Morning

Why Nvidia, Snowflake, and Roku Stocks Slumped Thursday Morning

While the U.S. has hit many of the benchmarks that signify an economic downturn, other metrics have defied the trend, leading many to debate whether the economy is actually in a recession. A key economic indicator released early Thursday seemed to tip the scales toward those arguing that it is in a recession. To be clear, there was very little in the way of company-specific news driving these technology stocks lower.