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Dow tumbles 350 points as technology and communication-services stocks tank in midday trade
Thursday, 18 October 2018 23:18 WIB | MARKET UPDATE |DOW JONESS & P 500Saham ASNasdaq

The Dow Jones Industrial Average on Thursday fell to sessions lows, with technology and communication-services shares leading losses for the broader market.

The Dow most recently was down 312 points, or 1.3%, at 25,362, while the technology-laden Nasdaq Composite Index was taking it on the chin, off 1.9% at 7,497.

The S&P 500 index also was trading sharply lower, retreating 1.3% at 2,771. Less than a handful of shares of the S&P 500's technology sector were trading in the green, with losses led by declines of at least 3% in Adobe Inc. and Autodesk Inc.

Shares of internet-related company Netflix Inc. which is in a new S&P 500 sector called communication services, were down sharply.

Source: Marketwatch

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