• How major US stock indexes fared Friday

    17 days ago - By Chron

    A slide in technology companies weighed on U.S. stocks Friday, adding to the market's losses from a day earlier.
    Twitter led the technology sector sell-off, plunging 20.5 percent. Smaller-company stocks fell more than the rest of the market. Despite the losses, the S&P 500 index ended the week with its fourth weekly gain in a row.
    On Friday:
    The S&P 500 index fell 18.62 points, or 0.7 percent, to 2,818.82.
    The Dow Jones Industrial Average slid 76.01 points, or 0.3 percent, to 25,451.06.
    The Nasdaq composite index lost 114.77 points, or 1.5 percent, to 7,737.42.
    The Russell 2000 index of...
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  • Stocks fall as tech takes a beating

    Stocks fall as tech takes a beating

    17 days ago - By Business Insider

    Stocks got whacked Friday, with the Nasdaq Composite shedding nearly 1.5%, after disappointing earnings reports from tech giants Twitter and Intel. The dollar and Treasury yields fell.
    Here's the scoreboard:
    Dow Jones industrial average : 25,452.89 −74.18
    S&P 500 : 2,818.19 −19.25
    Nasdaq Composite index : 7,737.78 -114.41
    The US economy grew at its fastest pace since 2014 in the second quarter. Gross domestic product rose at an annualized pace of 4.1%, according to the Commerce Department, bolstered by strong consumer spending and a boost in exports.
    Trade tensions appear to be weighing...
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  • Tech declines take down Wall Street

    17 days ago - By Reuters

    Wall Street's major indexes declined on Friday as weak earnings reports from major technology companies led to a big drop for the sector.
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  • Tech stocks weigh on Wall Street

    17 days ago - By Reuters

    Wall Street's major indexes were lower on Friday as weak earnings reports from major technology companies weighed on the sector.
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  • ProBeat: Facebook and Twitter are right to prioritize fixing their platforms over satisfying Wall Street

    ProBeat: Facebook and Twitter are right to prioritize fixing their platforms over satisfying Wall Street

    17 days ago - By Venture Beat

    OPINION: Facebook and Twitter experienced double-digit stock declines this week after reporting earnings that Wall Street didn't like. Here's a headline that summarizes what's happening with both companies: “Facebook/Twitter prioritize fixing platform over user growth, shares plunge.” Wall Street is punishing Facebook...
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  • Tech, healthcare stocks weigh on Wall Street

    17 days ago - By Reuters

    U.S. stock indexes were lower on Friday as weak earnings reports from Intel and Twitter dragged on the technology sector and as healthcare stocks were pressured by a clutch of disappointing earnings.
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