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The Closing Bell: Tech Selloff Wrecks Record Day For U.S. Stocks: Nasdaq Drops 2%

TedTed
edited June 2017 in Fund Discussions
FYI: A drop in technology stocks on Friday dragged Wall Street away from the record highs it hit earlier in the session, helped by gains in bank stocks.

Still, all three major indexes are on track to end the week higher, with focus turning to the Federal Reserve's meeting next week, when the central bank is near certain to raise interest rates.
Regards,
Ted
Bloomberg:
https://www.bloomberg.com/news/articles/2017-06-08/pound-drops-as-u-k-exit-poll-unnerves-investors-markets-wrap

Reuters:
http://www.reuters.com/article/us-usa-stocks-idUSKBN1901LX

MarketWatch:
http://www.marketwatch.com/story/us-stocks-tipped-for-more-gains-as-investors-weigh-up-uk-election-results-2017-06-09/print

IBD:
http://www.investors.com/market-trend/stock-market-today/nasdaq-reverses-lower-growth-names-hit-hard-financials-hold-up/

CNBC:
http://www.cnbc.com/2017/06/09/us-stocks-uk-election.html

AP:
http://hosted.ap.org/dynamic/stories/F/FINANCIAL_MARKETS_ASOL-?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

WSJ: Markets At A Glance:
http://markets.wsj.com/us

SPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures: Mixed:
http://finviz.com/futures.ashx

Comments

  • Sven
    Hope this is not the tip of an iceberg. The technoogy sector has been leading so far this year. Next is the energy sector.
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