Wall Street Reports Nike And Facebook Shares Drop

Wall Street Reports Nike And Facebook Shares Drop
According to Reuters, declines in tech stocks dragged on the S&P 500 after Labor Day weekend.
But the S&P only lost about 6-points on the day.
By noon, eight of the S&P’s eleven major indexes were trading lower, led by loses from the telecomm and technology sectors.
Alphabet, Facebook, Microsoft, and Twitter all posted loses for Sept. 4th, bringing the S&P’s tech index down three-tenths of a percent.
Facebook shares dropped by 2.4-percent after their stock was downgraded by the brokerage form Moffett-Nathanson.
http://feeds.reuters.com/~r/reuters/topNews/~3/u6vFqI83_P4/facebook-nike-drag-wall-street-lower-data-limits-losses-idUSKCN1LK1CP

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Wall Street Reports Nike And Facebook Shares Drop