Tech Stocks Lead US Indexes Lower

Dow ends day down 92
By Newser Editors and Wire Services
Posted Sep 17, 2018 3:00 PM CDT
Tech Stocks Lead US Indexes Lower
Trader Edward McCarthy, left, and specialist Anthony Matesic, right, work on the floor of the New York Stock Exchange, Friday, Sept. 14, 2018.   (AP Photo/Richard Drew)

Technology stocks led the way downward on Wall Street as traders braced for more tariffs to be announced on China, the AP reports. Apple lost 2.7% Monday, Netflix slumped 3.9% and Twitter gave up 4.2%. Most stocks closed lower on the New York Stock Exchange. Safe-play sectors like real estate and utilities rose. Express Scripts jumped 3.7% after regulators cleared the way for Cigna to buy it. Cigna rose 1.4%. The S&P 500 index fell 16 points, or 0.6%, to 2,888. The Dow Jones Industrial Average lost 92 points, or 0.4%, to 26,062. The Nasdaq composite slid 114 points, or 1.4%, to 7,895. (Read more stock market stories.)

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