4/25/2023, 10:00 PM (Source: TeleTrader)
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US tumbles at close ahead of Big Tech earnings

Major stock markets in the United States ended Tuesday's session deep in negative territory as investors awaited the latest batch of corporate earnings. Tech giants Alphabet Inc. and Microsoft Corp. were scheduled to publish their first quarter results just after the closing bell.

The Dow Jones tumbled by 1.02% or 344 points at the close, with the Dow Inc. plunging 5.22%. The Nasdaq 100 declined by 1.89% or 244 points, led by Zscaler's 8.29% decline. The S&P 500 lost 1.58%, as First Republic Bank sank to a new all-time low as it struggled to survive financial struggles.

The euro decreased by 0.68% against the dollar to sell for 1.09708 at 3:49 pm ET.

Baha Breaking News (BBN) / ND