Dow takes a dive in final hours to join Nasdaq in the red
The Dow had been up more than 275 points early Monday afternoon but closed down 35
4:09pm: Alphabet and Facebook fall on Citigroup downgrades
Despite crossing the 35,000 threshold and gaining more than 275 points earlier in the Monday session, the Dow torpedoed as the day waned to end down 35 points, 0.1%, at 34,743. The Nasdaq lost 350 points, 2.6%, to 13,402, and the S&P 500 gave up 44 points, 1%, to 4,188.
Alphabet Inc (NASDAQ:GOOG) shares fell more than 2% to $2,342, and Facebook Inc (NASDAQ:FB) stock slipped more than 4% to $305.97 after Citigroup analysts downgraded both companies to Neutral ratings.
Dow takes a dive in final hours to join Nasdaq in the red
The Dow had been up more than 275 points early Monday afternoon but closed down 35
4:09pm: Alphabet and Facebook fall on Citigroup downgrades
Despite crossing the 35,000 threshold and gaining more than 275 points earlier in the Monday session, the Dow torpedoed as the day waned to end down 35 points, 0.1%, at 34,743. The Nasdaq lost 350 points, 2.6%, to 13,402, and the S&P 500 gave up 44 points, 1%, to 4,188.
Alphabet Inc (NASDAQ:GOOG) shares fell more than 2% to $2,342, and Facebook Inc (NASDAQ:FB) stock slipped more than 4% to $305.97 after Citigroup analysts downgraded both companies to Neutral ratings.
Dow takes a dive in final hours to join Nasdaq in the red
The Dow had been up more than 275 points early Monday afternoon but closed down 35
4:09pm: Alphabet and Facebook fall on Citigroup downgrades
Despite crossing the 35,000 threshold and gaining more than 275 points earlier in the Monday session, the Dow torpedoed as the day waned to end down 35 points, 0.1%, at 34,743. The Nasdaq lost 350 points, 2.6%, to 13,402, and the S&P 500 gave up 44 points, 1%, to 4,188.
Alphabet Inc (NASDAQ:GOOG) shares fell more than 2% to $2,342, and Facebook Inc (NASDAQ:FB) stock slipped more than 4% to $305.97 after Citigroup analysts downgraded both companies to Neutral ratings.
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