Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,895.96
    +18.91 (+0.24%)
     

  • Bitcoin USD

    64,590.29
    +955.72 (+1.50%)
     

  • CMC Crypto 200

    1,375.89
    +63.27 (+5.07%)
     

  • S&P 500

    4,992.43
    -18.69 (-0.37%)
     

  • Dow

    37,935.21
    +159.83 (+0.42%)
     

  • Nasdaq

    15,428.68
    -172.82 (-1.11%)
     

  • Gold

    2,407.80
    +9.80 (+0.41%)
     

  • Crude Oil

    83.13
    +0.40 (+0.48%)
     

  • 10-Yr Bond

    4.6190
    -0.0280 (-0.60%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Why These 2 Large-Cap Stocks Dropped 10%-Plus on Tuesday

Dan Caplinger, The Motley Fool
·3-min read
Why These 2 Large-Cap Stocks Dropped 10%-Plus on Tuesday

Although the Nasdaq Composite managed to post modest gains, the Dow Jones Industrial Average and S&P 500 were both lower. Sea Limited (NYSE: SE) raised some concerns about the strength of consumers in the Asia-Pacific region, while shareholders in Horizon Therapeutics (NASDAQ: HZNP) had to deal with a threat that could bring hopes for a lucrative acquisition to a grinding halt. Shares of Sea Limited dropped 15% on Tuesday morning following the release of the Southeast Asian e-commerce and video game specialist's latest financial results.

Continue reading