Stocks slide as Huawei fallout drags down tech [CNBC]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: CNBC
Stocks slide as Huawei fallout drags down tech Stocks fell on Monday as the intensifying fallout from a U.S. crackdown on Huawei pressured the technology sector. The Dow Jones Industrial Average declined by 78 points as Apple lagged. The S&P 500 pulled back 0.5%, with the tech sector dropping 1.5%. The Nasdaq Composite fell 1.4%. Alphabet's Google has suspended business with Huawei that involves transferring hardware, software and other technical services. The U.S. search giant's decision follows President Bloomberg News "If this remains enforced, it's going to create some opportunity, but clearly companies are working with their compliance departments to get out of the way of this Huawei situation," said Quincy Krosby, chief market strategist at Prudential Financial. That's difficult because "Huawei has its tentacles in so many parts of technology sector. That's why this is not a one-day event."
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News
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- Prudential Financial empowers young changemakers with $15,000 each at Emerging Visionaries Summit [Yahoo! Finance]Yahoo! Finance
- Prudential Financial, Inc. (NYSE: PRU) had its price target raised by analysts at Evercore ISI from $115.00 to $116.00. They now have an "underperform" rating on the stock.MarketBeat
- Prudential Financial empowers young changemakers with $15,000 each at Emerging Visionaries SummitPR Newswire
PRU
Earnings
- 2/6/24 - Miss
PRU
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- PRU's page on the SEC website