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Health Care, Tech Lead Losses for Stocks

Dow ends day down 206
By Newser Editors and Wire Services
Posted Mar 4, 2019 3:13 PM CST
In this Feb. 15, 2019, file photo trader Tommy Kalikas works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks gave up an early rally and ended broadly lower on Wall Street, led by declines in health care companies, the AP reports. UnitedHealth Group sank 4.1% Monday, the biggest loss among the 30 stocks in the Dow Jones Industrial Average. Technology companies and banks also fell. Salesforce.com sank 3.7% and Charles Schwab lost 2.5%. AT&T fell 2.7% after announcing a revamp of its WarnerMedia division, which includes HBO and other cable channels. The S&P 500 index fell 11 points, or 0.4%, to 2,792. The Dow average lost 206 points, or 0.8%, to 25,819. The Nasdaq declined 17 points, or 0.2%, to 7,577. (Read more stock market stories.)

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