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Benzinga
Benzinga
Business
Piero Cingari

Tech Stocks Eye Third Day Of Losses, Walmart Sinks: What's Moving Markets Thursday?

Jerome Powell US Federal Reserve Jackson Hole symposium United States
Stock market cautious

Technology stocks on the Nasdaq 100 were poised for a third consecutive day of losses Thursday, as investors continued to adopt a risk-off stance ahead of Federal Reserve Chair Jerome Powell's speech at the central bank's annual Jackson Hole Symposium on Friday.

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) traded flat by midday in New York, following six straight sessions of declines that have erased 18% from the stock's recent highs.

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