The major US stock indices opened sharply lower on November 14, with the S&P 500 declining by 1.05%, the Nasdaq Composite falling 1.45%, and the Dow Jones Industrial Average dropping 0.49%. The downturn is attributed to ongoing inflation concerns, interest rate expectations, geopolitical tensions, and uncertainties in corporate earnings.
Technology stocks were particularly affected, leading the broader market decline. Analysts suggest the market stress may indicate a potential correction rather than a long-term trend. Investors are advised to stay cautious and closely monitor upcoming economic data and corporate guidance for further insights.
US Stock Indices Drop Amid Inflation and Geopolitical Concerns
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