Major indices move lower
The major US indices are closing lower and in the process are snapping some pretty long win streaks.
Highlights today:
- The S&P snaps a 8 day win streak
- The Nasdaq snaps a 11 day win streak
- Nasdaq had its worse day in 2 weeks.
Tesla shares fell -$139.44 or -12% on the day. Paypal was also a big loser today falling -$24 or -10.46%.
The final numbers are showing:
- Dow down -112.26 points or -0.31% at 36319.97
- S&P down -1.643 points or -0.35% at 4685.28
- Nasdaq down -95.80 points or -0.60% at 15886.55
After the close, Coinbase earnings came out and missed. The stock is down nearly 10% in extended hours trading.