FAANG stocks sink at market open as selloff continues

Tuesday, 20. November 2018 15:35

The so-called FAANG tech stock recorded sharp losses at the market open on Tuesday as the tech selloff continued on the New York stock exchange. Facebook Inc. lost 2.01% at 3:32 pm CET, while Amazon.com Inc. plunged 4.31% at 3:33 pm CET. Google's parent company Alphabet was down 1.33% at 3:33 pm CET, where Apple Inc. sank 3.43% at 3:34 pm CET. Netflix Inc. dropped 4.65% at 3:34 pm CET. Microsoft Corporation was 2.26% in the red 3:35 pm CET.

United States stocks continued yesterday's losses with the Dow Jones Industrial Average 1.67% in the red at 3:37 pm CET. The Nasdaq 100 was down 1.75% at 3:38 pm CET led by Ross Stores losses of 5.25% at the same time. The S&P 500 was 1.27% in the red at 3:39 pm CET

The euro decreased 0.43% against the dollar to change hands for 1.1401 at 3:39 pm CET.

Related Links: Microsoft Corp.Netflix Inc.Alphabet Inc.Apple Inc.Amazon.com Inc.Facebook Inc.
Breaking the News / SS