Alphabet weighed on the market and sank 4.5%, even though the parent company of Google, YouTube and other businesses reported a stronger profit for the latest quarter than analysts expected. Investors focused instead on how much Alphabet is spending on artificial-intelligence technology and questioned whether it will all prove worth it.

A sharp drop for Google’s parent company is yanking the U.S. stock market lower, while prices for bitcoin, silver and gold weaken. Yields are also sinking in the bond market

Shares have retreated in Asia on heavy selling of technology stocks, while the price of bitcoin fell as much as 8%

More drops for technology stocks weighed on Wall Street Wednesday. The S&P 500 fell 0.5% for its fifth modest loss in the last six days. The Dow Jones Industrial Average rose 260 points, or 0.5%, and the Nasdaq composite sank 1.

Asian shares are lower after more drops for technology stocks weighed on Wall Street Asian shares slipped Thursday after more drops for technology stocks weighed on Wall Street. U.S. futures edged higher and oil prices sank more than $1 a barrel.

The U.S. stock market is slipping under the weight of sinking technology stocks. The S&P 500 dipped 0.2% Wednesday, coming off its fourth drop in the last five days. The

The U.S. stock market sank in mixed trading on Tuesday, while gold and silver bounced higher after their latest sell-off. The S&P 500 fell 0.8% and pulled further from its all-time high set last week.

Wall Street is losing ground Wednesday under the weight of sinking technology stocks. Related Articles. My quest for an afforda