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On Jan 31, 2024, tech stock slump (0.8% S&P, 1.2% Nasdaq) led by Alphabet and bitcoin prices follow tech earnings drop.
On January 31, 2024, the stock market experienced a slump in technology stocks as several influential companies, such as Alphabet, faced the repercussions of high expectations.
This led to a 0.8% drop in the S&P 500 during afternoon trading and a 1.2% decline in the Nasdaq composite.
The downward trend was driven by technology earnings disappointments.
Additionally, bitcoin prices dropped following the tech earnings news.
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El 31 de enero de 2024, la caída de las acciones tecnológicas (0,8% S&P, 1,2% Nasdaq) liderada por Alphabet y los precios de bitcoin siguen a la caída de las ganancias tecnológicas.