Markets in red amid Zuckerberg's testimony

Wednesday, 23. October 2019 20:42

Biggest stock market indexes in the United States fell after CEO of Facebook Mark Zuckerberg testified before the US Congress on Wednesday saying the US has to modernize its financial system otherwise "Washington's power would fall" if China develops a global standard for digital payments.

The Dow Jones Industrial Average lost 0.14% at 1:50 pm ET led by Nike Inc. that fell 2.99% at 1:50 pm ET. The Nasdaq 100 went down 0.2% at 1:50 pm ET. The index's worst performer was Texas Instruments Incorporated with a 7.62% fall at 1:51 pm ET. The S&P 500 traded 0.06% in the red at 1:51 pm ET.

Related Links: Texas Instruments IncorporatedNIKE Inc.
Author:
Breaking the News / TF