S&P 500 Gains and Losses Today: CrowdStrike Tumbles Amid Widespread Tech Outage

The S&P 500 slid 0.7% on Friday, July 19, 2024, as a tech outage disrupted operations for companies around the world. CrowdStrike shares tumbled after a software update by the cybersecurity firm set off widespread technological turmoil. Starbucks shares pressed higher amid reports that activist investor Elliott Investment Management has acquired a sizeable stake in the coffee chain. Major U.S. equities indexes moved lower on Friday as a major technology outage affected businesses around the world, grounding ...