Site Search
Google Search
Breaking News: Pentagon admits it had a UFO program, claims it ended in 2012     - | -     A conflict is brewing between Mueller and Trump's transition team over obtained emails     - | -     Large Swathes of Southern California Are in Ruins Thanks to the Thomas Fire     - | -     Landslide Sweeps Through Village In Southern Chile     - | -     Suicide Bombers Attack Church In Pakistan, Killing Nine     - | -     Prince Harry And Barack Obama Display Friendship
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