U.S. Stocks Plummet Tuesday With Energy and Tech To Blame, Dow Jones Drops Over 500-Points
By Fox Business // November 20, 2018
NASDAQ down over 100-points
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(FOX BUSINESS) – U.S. stocks sold off across the board on Tuesday with the Dow Jones Industrial Average falling over 500 points.
All major S&P 500 sectors tumbled led by energy, industrials and financials.
The volatility, in what is a short trading week due to Thanksgiving, erased yearly gains for the Dow and the S&P 500, with the Nasdaq Composite on the cusp.
Shares of Apple are officially sitting in a bear market, down 20 percent from October’s record levels, as investors worry about some weakness in iPhone sales.
This pressured the broader tech sector as Microsoft and Twitter also joined the retreat, while Amazon curbed losses.
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