Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

A rare tumble for tech stocks pulls US indexes lower

 

September 26, 2017



NEW YORK (AP) — Technology stocks slammed into reverse on Monday, and the losses overshadowed gains in other areas of the market to send broad U.S. indexes lower.

Treasury bond prices and gold rose, meanwhile, as investors looked for safer places for their money following the latest escalation in the heated rhetoric between the United States and North Korea. Stock markets around the world were mixed after the leader of Europe’s largest economy retained her position, though her political strength may have weakened.

The Standard & Poor’s 500 index dropped 5.56 points, or 0.2 percent, to...



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