S&P 500 Gains and Losses Today: Supermicro Stock Plunges on Annual Report Delay
SMCISuper Micro Computer(SMCI) Investopedia·2024-08-29 06:20

Key TakeawaysThe S&P 500 slipped 0.6% on Wednesday, Aug. 28. 2024, as tech stocks stumbled ahead of the afternoon's earnings release from Nvidia.Shares of Super Micro Computer plunged after the company said it would delay the filing of its annual report.Persistent inflation and restrained consumer spending weighed on shares of Bath & Body Works and J.M. Smucker. Major U.S. equities indexes moved lower on Wednesday as tech stocks underperformed ahead of the hotly anticipated earnings report from Nvidia (NVDA ...