Site Search
Google Search
search button
Breaking News: New York Congresswoman Louise Slaughter Passes Away      - | -     Coats Looks To Overhaul The United States' Top Intelligence Office      - | -     Barron Trump's School Petitions For Gun Control      - | -     Teen Convicted Of London Tube Bombing      - | -     Stormy Daniels' Lawyer Claims She Was Threatened      - | -     Russia to Expel UK Diplomats      - | -     GOP Congressman Invokes 'The Deep State'
Despite Gains In Other Sectors, Tech Stocks Sink
Get Business & Technology Alerts

5 Dec 2017 02:12 AM EST

On Monday Tech stocks took a beating, after the US Senate passed their version of a tax overhaul, known as the The Tax Cuts and Jobs Act. The decline in tech mirrored a rise in financials, as many of the major Wall Street firms were trading higher on Monday, as other financial sectors received a boost from tax reform passing in the Senate. Many investors diverted funds to other areas, away from the tech-heavy Nasdaq 100, which suffered a decrease of 0.60%, even as the S&P 500 was trading at record highs, up 0.50%.

Post Your Comment
Excellent Very Good Good Fair Poor

Recently Posted Comments
AllMediaNY AllMediaNY AllMedaiNY