Stocks Sell Off As Weak Tech Earnings Disappoint 7/24/24

Stocks are selling off today, weighed down by underwhelming reports from Alphabet and Tesla. The Nasdaq and S&P 500 are both on pace for its worst day since 2022. Wall Street says this was likely caused by a perfect storm of an overbought market, high bar for earnings and a seasonally weak period for equities. We’ll break it all down for you.