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Reuters

Reuters

Nasdaq set to confirm correction as recession fears mount; Amazon, Intel slide

Reuters
Summary
Nutrition label

78% Informative

Nasdaq Composite on track to fall into a correction in a Wall Street battering.

Dow Jones Industrial Average fell 833.37 points, S&P 500 lost 112.95 points, or 2.07% , to 5,333.73 .

Amazon.com fell 9% after it reported slowing online sales growth in the second quarter .

Intel tumbled 26% after forecasting third-quarter revenue below estimates and suspending its dividend.

VR Score

90

Informative language

98

Neutral language

43

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links