U.S. Stock Market Update | Three major indexes fluctuate, Arm Holdings drops more than 4.5%

Zhitong
2024.07.29 16:07
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On Monday, the three major indices fluctuated. As of the time of publication, the US stock market showed divergent trends, with the Nasdaq rising by 0.27%, the S&P 500 rising by 0.19%, and the Dow Jones falling by 0.08%. Arm Holdings, a constituent stock of the Nasdaq, fell by over 4.5% to $142.28. HSBC analyst Frank Lee downgraded Arm Holdings to a "sell" rating and raised the target price from $57 to $105

According to the Wise Finance APP, on Monday, the three major indices fluctuated. As of the time of publication, the US stock market showed divergent trends, with the Nasdaq rising by 0.27%, the S&P 500 rising by 0.19%, and the Dow Jones falling by 0.08%. Arm Holdings (ARM.US), a constituent stock of the Nasdaq, fell by over 4.5% to $142.28. HSBC analyst Frank Lee downgraded Arm Holdings to a "sell" rating and raised the target price from $57 to $105