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Dow plunges nearly 475 points; Nasdaq buoyed by late tech gains The Nasdaq initially appeared headed for a soundly negative session, but big tech found its footing as the day went on 4:10pm: Amazon and Netflix carry Nasdaq to flat The Dow closed down 474 points, 1.4%, at 34,269. The Nasdaq ended just 12 points lower at 13,389, and the S&P 500 lost 36 points to end at 4,152. Tech shares stumbled out of the gate, and initially the Nasdaq appeared headed for a negative day, but the index found its footing led by Amazon.com (NASDAQ:AMZN) and Netflix Inc (NASDAQ:NFLX), both of which saw shares gai...

What will be the economic impact of the proposed Coachella Valley arena? The arena is being promoted as a way to bring year-round entertainment dollars to the valley. Andrew L. John, Palm Springs Desert Sun Published 3:54 am UTC Mar. 10, 2021 Oak View Group, the Los Angeles-based company hoping to build a $250 million arena in the Coachella Valley with private financing, is touting an economic impact of hundreds of millions initially. But at least one local mayor is skeptical, saying sports arena projects are notorious for "over-promising" and "under-delivering."  The proposed arena that...