Slump for tech stocks overshadows gains by telecoms, banks
NEW YORK (AP) — Stock indexes didn’t do much at first glance on Monday, but the modest move for the Standard & Poor’s 500 masked some dramatic changes roiling underneath the surface.
December 5, 2017
NEW YORK (AP) — Stock indexes didn’t do much at first glance on Monday, but the modest move for the Standard & Poor’s 500 masked some dramatic changes roiling underneath the surface.
Telecom stocks, banks and other areas of the market that stand to benefit the most from Washington’s drive to cut corporate tax rates jumped. At the same time, technology stocks slumped and gave up a chunk...
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