The Dow Jones Industrial Average has had its biggest drop since last February as it closed at 25,598.74, losing 3.2 % of its value, falling 831.83 points.
The tech-heavy NASDAQ index also traded quite low, closing at 7,422.05, down 315.97 points, which was its biggest loss in over 2 years.
The stock markets went down because of a sell-off in tech stocks, which caused disputes in trades as tensions which china escalate.
With the Dows overall loss, Most tech giants have been trading at Historical highs all year.
Even Apple shares dropped 4.6 % to close at $216.36, Amazon stock fell 6.2 % to $1,755.25 a share and Facebook stocks ended the day 4.1 %lower at $151.38.
Just this year, the Federal Reserve has continued raising interest rates. The central bank has been at odds with President Trump who throughout being the United States president has publicly attacked its policy of continuing to raise interest rates.
www.ecocropsinternational.com
To contact us click here
The tech-heavy NASDAQ index also traded quite low, closing at 7,422.05, down 315.97 points, which was its biggest loss in over 2 years.
The stock markets went down because of a sell-off in tech stocks, which caused disputes in trades as tensions which china escalate.
With the Dows overall loss, Most tech giants have been trading at Historical highs all year.
Even Apple shares dropped 4.6 % to close at $216.36, Amazon stock fell 6.2 % to $1,755.25 a share and Facebook stocks ended the day 4.1 %lower at $151.38.
Just this year, the Federal Reserve has continued raising interest rates. The central bank has been at odds with President Trump who throughout being the United States president has publicly attacked its policy of continuing to raise interest rates.
www.ecocropsinternational.com
To contact us click here
Comments
Post a Comment