The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.46%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.98%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.55%.
US stock indexes Thursday closed moderately lower, led by weakness in technology stocks. Meta Platforms fell more than -10% after forecasting Q2 revenue below consensus and raising its full-year total expenses estimate. Also, IBM fell more than -8% after reporting lackluster Q1 revenue from its consulting division. In addition, Caterpillar closed down more than -6% after saying it expects sales for Q2 to be lower compared to last year.
