Tuesday 27 March 2018

Dow drops 345 points as tech stocks get crushed

The Dow dropped about 345 points and the Nasdaq plunged nearly 3% on Tuesday as the market turbulence continues.
CNNMoney Markets Now
 
Dow Nasdaq S&P
-344.89   -211.74   -45.93
23,857.71   7,008.81   2,612.62
-1.43%   -2.93%   -1.73%
YTD -3.49%   YTD +1.53%   YTD -2.28%
 
Biggest Winners
General Electric Co +4.27%
 
PG&E Corp +2.50%
 
Duke Realty Corp +2.40%
 
Xcel Energy Inc +2.20%
Biggest Losers
NVIDIA Corp -7.76%
 
Adobe Systems Inc -6.60%
 
Netflix Inc -6.14%
 
Lam Research Corp -5.74%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $64.66 -0.89 / -1.36%
Gold $1,344.10 -10.90 / -0.80%
10-yr 2.79% -0.06 / -2.00%
Euro $1.24 -0.01 / -0.44%
News: What you need to know about the markets
 
 
Dow drops 345 points as tech stocks get crushed
The Dow dropped about 345 points and the Nasdaq plunged nearly 3% on Tuesday as the market turbulence continues. Read more »
 
Facebook has lost $80 billion in market value since its data scandal
Facebook is down nearly 20% since news of the Cambridge Analytica data issues broke. The rest of the tech sector -- and Google and Twitter in particular -- has been hit hard too. Read more »
 
Why GE could be a smart investment for Warren Buffett
GE's demolished stock popped 5% on Tuesday -- on track for its best day in three years -- on chatter that Warren Buffett could make an investment in the embattled company he helped stabilize in 2008. Read more »
 
Bitcoin plunges as social media cracks down on cryptocurrency ads
Bitcoin briefly fell below $8,000 because of concerns that top social media companies are no longer running ads tied to cryptocurrencies. Read more »
 
Wall Street bonuses soar 17% to an average of $184,200
Despite cries of overregulation, Wall Street bankers are taking home near-record bonuses these days. Read more »
 
The US needs to borrow almost $300 billion this week
Uncle Sam needs to borrow a ton of money this week even as Washington engages in a trade spat with China, its biggest foreign creditor. Read more »
 
 
 
 
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