September was rough for many investors, as typically for the Nasdaq and the S&P 500 (ARCA: SPY). The S&P and Nasdaq 100 were down about 5 percent in September. Now that the historically red month is over, we decided to look at the daily chart of the Nasdaq futures to look at the intermediate term.
Satya Nadella, Microsoft's CEO, testified in the federal antitrust trial against Google, addressing the challenges competitors face due to Google's dominance in the online search market.
Microsoft has showcased its dedication to creating a competitive search landscape by investing approximately $100 billion in Bing over the past two decades.
On Monday, General Motors (NYSE: GM) and Ford Motor (NYSE: F) revealed they will be laying off 500 workers from four of their Midwestern facilities as yet another consequence of the unprecedented UAW strike that kicked off on September 15th.