Money /

Copied

Technology stocks led a broad decline on Wall Street, led by a plunge in Facebook following reports that a company employed by the Trump campaign improperly obtained data on tens of millions of users, the AP reports. Facebook sank 7% in heavy trading Monday, its biggest daily drop in four years. Other technology stocks, which have far outpaced the rest of the market, also fell. Google's parent company, Alphabet, lost 3%. Safe-play stocks like utilities and phone companies fared better. The S&P 500 index fell 39 points, or 1.4%, to 2,712. The Dow Jones industrial average lost 335 points, or 1.3%, to 24,610. The Nasdaq composite fell 137 points, or 1.8%, to 7,344. (Read more stock market stories.)