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Wall Street sees little acivity as tech sector suffers

  • Regular
  • US Market
  • 2 months ago
  • 18

Wall Street had little change during yesterday’s session, the spotlight however was on Apple as it revealed its new iPhone models and also a TV service to challenge Netflix.

The DJIA rose by 0.3% to close at 26,979.43 points, while the S&P 500 remained largely unchanged although the tech sector did see one of its worst days as it fell by 0.7%.

The Nasdaq continued a lacklustre performance as it dropped 0.1% closing at 8,084.15 points.

Facebook and Amazon shares shed 1.4% and 0.6% respectively while Netflix gave up 2.2% and so did Ford Motors as following a downgrade to junk status, shares fell by 1.4%.

 

 

 

Source: Smart Trend Team