NEW YORK: Wall Street fell in a broad sell-off on Monday, with the S&P 500 and Nasdaq suffering their biggest daily percentage drops since May, as fear of contagion from potential collapse of China's Evergrande drove investors out of equities in a flight for safety.
The Nasdaq also hit its lowest level in about a month, but indexes pared losses just before the close to end well off their lows of the session. The Nasdaq was down more than 3% during the day.
Microsoft Corp, Alphabet Inc, Amazon.com Inc, Apple Inc, Facebook Inc and Tesla Inc were among the biggest drags on the Nasdaq and the S&P 500.
All 11 major S&P 500 sectors were lower, with economically sensitive groups like energy, which fell 3%, down the most. Defensive sectors including utilities were down the least.
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‘Suicide Squad’ smashes records with $135.1 million debut Reuters | August 09, 2016 08:37 MYT : This image released by Warner Bros. Pictures shows, Joel Kinnaman, left, and Will Smith in a scene from “Suicide Squad.” – Clay Enos/Warner Bros. Pictures via AP) LOS ANGELES: “Suicide Squad” smashed records, …Read More »
Thursday, 7 September 2017 : The bout, won by Mayweather on 26 August, was expected to better ticket sales of $72.2m (£55.4m) when the American beat Manny Pacquiao in 2015. But figures released show over 7,000 seats were empty at Las Vegas’ T-Mobile Arena, generating $55.4m (£42.5m), the second-highest boxing …Read More »