Dow Slides Triple Digits; Investors Fret About Apple

DJIA falls 177
By Newser Editors and Wire Services
Posted Jan 29, 2018 3:19 PM CST
Dow Slides Triple Digits; Investors Fret About Apple
Ronald Madarasz works on the floor of the New York Stock Exchange, Monday, Jan. 29, 2018.   (AP Photo/Richard Drew)

Stocks ended broadly lower on Wall Street Monday, led by declines in technology companies. The Dow Jones industrial average slid 177 points, or 0.7%, to 26,439, while the Nasdaq composite lost 39 points, or 0.5%, to 7,466, and the Standard & Poor's 500 index fell 19 points, or 0.7%, to 2,853. Apple slid 2% as investors continued to worry that its new iPhone hasn't been that big of a hit with customers, per the AP. Industrials companies also posted big losses, and energy stocks declined as crude oil prices headed lower. Also Monday, Dr. Pepper Snapple soared 22% after agreeing to be acquired by Keurig.

(Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.