Dow slides 200 pts, Nasdaq down over 1%

Friday, 18. October 2019 18:28

Stocks extended losses on Friday with the Dow Jones falling over 200 points mid-session.

Boeing was among the worst performers, tanking nearly 4% following a Reuters report that suggested the company's employees misled the Federal Aviation Administration concerning the safety system of the 737 Max - which was involved in two deadly airplane crashes.

Netflix was another major loser, plunging over 6%, while tech giants like Facebook and Amazon followed suit and traded with losses as well.

The Dow lost 207 points at 12:28 pm ET, while the Nasdaq 100 dropped 1.34%. Moments later, the S&P 500 sank 0.62%.

Related Links: Netflix Inc.Boeing Company
Author:
Breaking the News / JC