: Magnificent 7 stocks all see red after strong jobs data
Shares of all the Magnificent 7 biggest technology stocks traded lower in premarket trading Friday in the wake of the stronger-than-expected September jobs data, compared with just two down stocks pre-data. The strong jobs data seemed to dash hopes that the Federal Reserve might soon end its policy of interest rate hikes, which has weighted on equity valuations. Shares of Apple Inc. AAPL dropped 0.8% after being up 0.3% pre-data; of Microsoft Corp. MSFT fell 0.9% to reverse a pre-data gain of... Читать дальше...