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[$$] Tech Wreck Sends Nasdaq Down 1.8%
Last week, the market demonstrated what happens when investors answer “yes.” Stocks were quietly heading toward new highs Friday morning when Apple (AAPL), Alphabet (GOOGL), Facebook (FB), and other tech names suddenly fell. By the close, each had lost more than 3%, while the tech-heavy Nasdaq Composite had dropped 113.85 points, or 1.8%, to 6207.92. Stranger still, the S&P 500 declined by less than 0.1%, to 2431.77, while the Dow Jones Industrial Average rose 89.44 points, or 0.4%, to 21,271.97, a new all-time high.
http://finance.yahoo.com/r/820ac000...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
Last week, the market demonstrated what happens when investors answer “yes.” Stocks were quietly heading toward new highs Friday morning when Apple (AAPL), Alphabet (GOOGL), Facebook (FB), and other tech names suddenly fell. By the close, each had lost more than 3%, while the tech-heavy Nasdaq Composite had dropped 113.85 points, or 1.8%, to 6207.92. Stranger still, the S&P 500 declined by less than 0.1%, to 2431.77, while the Dow Jones Industrial Average rose 89.44 points, or 0.4%, to 21,271.97, a new all-time high.
http://finance.yahoo.com/r/820ac000...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
