Stocks dropped more than 3% on Thursday — the market's worst drop since June — while the Nasdaq fell 4.5%.
The big picture: The indices are still hovering near their highest levels ever — the S&P 500 is still higher than it was at any time before the pandemic — but the pullback is being led by a drop in the technology stocks which led the advance to record highs.
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“Starfield,” the next big game from the makers of “Fallout” and “The Elder Scrolls” will be released on Nov. 11, 2022 for Xbox consoles and PC — and not for PlayStation, according to a new trailer.
Why it matters: “Starfield” is about as big as it gets in terms of upcoming blockbuster games and will likely be ace for Microsoft commercially.
Efforts to recall school board members are surging around the U.S. — and especially in California — amid Republican efforts to quash teaching about institutional racism.
Why it matters: Coordinated efforts by conservative groups are shaping public education, fueled by controversies over race as as well as backlash to COVID-19 closures.
Meme stocks are losing that meme stock energy.
Why it matters: A handful of stocks, including GameStop and AMC Entertainment, attracted huge amounts of interest earlier this year thanks to online communities like Reddit.
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