Nasdaq Rises Amid Mixed Market Reactions, Intel Reports $7 Billion Loss
Investors await Fed Chair Powell's speech for interest rate cues; Tesla and Disney under scrutiny.
- U.S. stock markets showed mixed reactions, with the Nasdaq gaining while the Dow Jones experienced a slight drop amid various economic indicators.
- Intel reported a significant $7 billion loss in its chipmaking operations for 2023, intensifying concerns over the tech sector's financial health.
- Federal Reserve Chairman Jerome Powell's upcoming speech is highly anticipated as investors seek clarity on future interest rate decisions.
- Tesla's first-quarter car deliveries fell short of expectations, contributing to market volatility and concerns over the electric vehicle sector.
- Disney's shareholder meeting is in focus, with decisions on board seats potentially impacting the company's future direction.
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