📈 Stocks / Finance

Dow drops nearly 500 points as tech sells off

CNBC

The Dow fell 498 points, S&P 500 slipped 0.83% for a fourth straight decline and Nasdaq dropped 1.21% as Nvidia and Microsoft sank. Nvidia is down over 10% this month ahead of Q3 results, while bitcoin briefly fell below 90,000, signaling reduced risk appetite.

JPMorgan cuts Netflix target amid engagement concerns

Investor’s Business Daily

JPMorgan cut its Netflix target to 124 after a 10 for 1 split, citing engagement risk, rising competition and M&A overhang. NFLX rose 3.5 percent to 114.09 but is down 8 percent since Q3 results. Shares sit below the 50 day average though they crossed the 200 day line.

Amazon stock falls after 15B bond sale

Investor’s Business Daily

Amazon shares dropped over 3 percent to 223.75 after issuing 15B in bonds, its first sale since 2022. Analysts warned AI capex may be value destructive, while others backed Amazon's infrastructure track record. Shares slipped below the 50 day average and are up 2 percent YTD.

🪙 Crypto

Crypto rout tests Wall Street exposure

Marketplace

Bitcoin has dropped about 25% from its October peak, erasing around $1T in crypto value. With ETFs, banks and index funds now tied to digital assets, a deeper slide could hit leveraged lenders, crypto equities and consumer spending.

🌎 Global Economy

Gold's record rally signals falling trust

The Week

Gold is up 50% this year, hitting a record $4,380 per ounce. Safe haven demand from institutions, central banks and speculators, plus a weaker dollar and stressed bond markets, signals waning trust in sovereign debt and possible trouble ahead.

7 Actionable Ways to Achieve a Comfortable Retirement

Your dream retirement isn’t going to fund itself—that’s what your portfolio is for.

When generating income for a comfortable retirement, there are countless options to weigh. Muni bonds, dividends, REITs, Master Limited Partnerships—each comes with risk and oppor-tunity.

The Definitive Guide to Retirement Income from Fisher investments shows you ways you can position your portfolio to help you maintain or improve your lifestyle in retirement.

It also highlights common mistakes, such as tax mistakes, that can make a substantial differ-ence as you plan your well-deserved future.

Download your free copy today.