U.S. Stock Market Update | Three major indexes fluctuate, Arm Holdings drops more than 4.5%

Zhitong
2024.07.29 16:07
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On Monday, the three major indices fluctuated. As of the time of publication, the US stock market showed divergent trends, with the Nasdaq rising by 0.27%, the S&P 500 rising by 0.19%, and the Dow Jones falling by 0.08%. Arm Holdings, a constituent stock of the Nasdaq, fell by over 4.5% to $142.28. HSBC analyst Frank Lee downgraded Arm Holdings to a "sell" rating and raised the target price from $57 to $105