A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking off more than 450 points from the Dow Jones Industrial Average. Apple, Amazon and other big names fell. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Crude oil prices were headed higher, snapping a 10-day skid, after Saudi Arabia said it planned to cut its output. KEEPING SCORE: The S&P 500 index dropped 40 points, or 1.5 percent, to 2,740 as of 1:29 p.m.
Similar Stories to Tech Giants Slide, Pulling Stock Market Sharply Lower on Bing News
ALEX VEIGA , AP Business Writer, The Columbian
Mon, 11/12/2018 - 11:44am
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Topics: Washington Clark County Vancouver
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BING NEWS:
- Big Tech Losses Pull US Stock Market Down as Inflation Gauge Ticks Higher
Wall Street experienced a rocky Wednesday morning as losses in Big Tech stocks countered broader market gains as a key inflation gauge ticked higher. What Are the Big Tech Losses? Ahead of the ...
11/27/2024 - 2:20 am | View Link - More
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