These are the stocks posting the largest moves before the bell.Market Insiderread more
The Federal Reserve's expected interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.Financeread more
Credit card sales volume rose 11% this quarter and merchant processing volume increased 12%, the bank says in its earnings statement.Banksread more
EU Competition Commissioner Margrethe Vestager is preparing to launch a full probe into Amazon in the coming days, Bloomberg reported.Technologyread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
GE hasn't had a year this good during this millennium. After that massive surge, one trader is warning investors to stay away.Trading Nationread more
KeyCorp said in an 8-K filing the fraud involves a "business customer" and was discovered "on or about" July 9.Banksread more
Domino's Pizza stock fell Tuesday after reporting disappointing sales, despite beating Wall Street's earnings estimates.Restaurantsread more
CNBC Make It set out to find the schools that provide middle-class American students the highest average salaries for their tuition dollars.Definitive Guide to Collegeread more
Facebook needs to address the anti-competitive behaviors of its digital coin, Kevin McCarthy says.Politicsread more
U.S. retail sales increased more than expected in June, pointing to strong consumer spending.Economyread more
Technology stocks just capped off their worst month since the depths of the recession a decade ago.
The Nasdaq plunged 9.2 percent in October, its steepest monthly drop since a 10.8 percent decline in November 2008. At that time the financial markets were in crisis and the tech-heavy Nasdaq was at the tail end of a six-month slump, during which the index lost more than 40 percent of its value.
Investors pulled away from the stocks that have delivered the best returns in recent years, as concerns about President Trump's trade war and rising interest rates sent fund managers into assets that are perceived as safer should the economy turn.
The tech sector certainly wasn't alone in October. Eight of the 10 subgroups of the S&P 500 fell, led by energy and consumer discretionary stocks, which dropped more than the tech group. The broader S&P 500 declined 6.9 percent, and the Dow Jones Industrial Average slid 5.1 percent.
But tech has an outsize impact on the market as a whole, because five of the six most valuable U.S. companies are from that sector and hail from either Silicon Valley or the Seattle area.
Apple will be the last of the big five to report quarterly earnings, when the iPhone maker announces results on Thursday. Facebook reported mixed results on Tuesday, with earnings per share beating estimates but revenue falling short. Amazon and Alphabet plunged last week on disappointing numbers, while Microsoft rose on better-than-expected earnings but still fell for the week.