NASDAQ index falls over 2%. S&P declines -1.17%

Major US stock indices move lower with the

• NASDAQ index falling -2.04%.
• The S&P index fell -1.17% and the
• Dow industrial average fell -0.53%.

The hangover from last week’s Fed meeting, the government shutdown, concerns about overvaluation, and bitcoin tumbling back below the $100,000 level hurt the sentiment

Looking at some of the company specific stocks:

• Meta-is down for the 4th consecutive day and 16% since its earnings last week.
• Palantir tumbled -7.95% on overvaluation after beating on earnings after the close.
• Nvidia shares fell -3.96%,
• Broadcom shares fell -2.93%,
• Micron -7.13%
• Shopify -6.93%
• AMD shares fell -3.7% ahead of earnings after the close.
• Oracle fell -3.75%

This article was written by Greg Michalowski at investinglive.com.