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That initially sent stocks higher, even pushing the dow and the s p to record high levels. But then investors began to sell socalled momentum stocks, companies that had been some of the sharpest and fastest price gains over the past year. Big Name Technology giants, biotech companies, internet and social networking darlings, all of them suffering from big drops. The dow fell triple digits down 160 points. But the nasdaq was the hardest hit, losing 110 points. Thats a drop of more than 2. 5 . And the s p lost almost 24 points. Sheila dharmarajan watched the market drama from the Nasdaq Exchange...

Mylin labs. Were watching a broad based selloff in technology, and you wonder, kelly, if this is the beginning of this long awaited correction in the market right now. I can tell you thats a lot of the chatter on the floor down leer. Meanwhile, u. S. Attorney general eric holder telling Congress Today he will look into High Frequency trading, something the new york a. G. Eric snyderman is also pledging to do. Will it effectively be criminalized. Really looking forward to that conversation. And the average congressman makes about 175,000 and works roughly 125 days a year which averages to about...

Higher, even pushing the dow and the s p to record high levels. But then investors began to sell socalled momentum stocks, companies that had been some of the sharpest and fastest price gains over the past year. Big Name Technology giants, biotech companies, internet and social networking darlings, all of them suffering from big drops. The dow fell triple digits down 160 points. But the nasdaq was the hardest hit, losing 110 points. Thats a drop of more than 2. 5 . And the s p lost almost 24 points. Sheila dharmarajan watched the market drama from the Nasdaq Exchange and explains whats worryin...

That initially sent stocks higher, even pushing the dow and the s p to record high levels. But then investors began to sell socalled momentum stocks, companies that had been some of the sharpest and fastest price gains over the past year. Big Name Technology giants, biotech companies, internet and social networking darlings, all of them suffering from big drops. The dow fell triple digits down 160 points. But the nasdaq was the hardest hit, losing 110 points. Thats a drop of more than 2. 5 . And the s p lost almost 24 points. Sheila dharmarajan watched the market drama from the Nasdaq Exchange...

Dublin, Nov. 22, 2023 (GLOBE NEWSWIRE) -- The