US stocks pare slide on tech resilience

Credit: The Age- Published on December 6, 2018
US stocks fell a second day, though a rebound in mega-cap technology shares shaved declines by more than half.

Credit: Wochit Business
Published on December 4, 2018 -  00:40
US Stocks Dollar And Treasury Notes Drop
According to Reuters, the top three markets on Wall Street dropped over 2 percent each a day after making gains. Brought on by losses for banks, tech stocks, and industrial stocks, the strength of the dollar and US Treasury notes also fell on the day. For Dec. 4th, the Dow Jones Industrial Average fell over 590-points, with the Nasdaq Composite losing 195-points. But the S&P 500 dropped 62-points, with the trade-sensitive industrial sector falling over 3-percent.

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