S&P 500 Gains and Losses Today: AI-Related Stocks Slump in Super Micro Computer's Wake
Key TakeawaysThe S&P 500 tumbled 0.9% on Friday, April 19, 2024, closing below 5,000 for the first time since February as declines persisted in the tech sector.Super Micro Computer shares fell as the data storage provider opted not to preannounce its quarterly results, raising concerns about its success in leveraging AI.Paramount Global shares soared amid reports Sony is in talks with Apollo Global Management to make a possible joint bid for the media giant. Major U.S. equities indexes were mixed on Friday, ...