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Dow drops 200 points, heads for 3-day losing streak amid fears of rising rates


Monday, 8 October 2018 23:06 WIB

DOW JONES Standard & Poor's 500Saham AS


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Stocks fell on Monday, adding to steep losses from the previous two sessions, as investors continued to fret over a sharp rise in interest rates.

The Dow Jones Industrial Average traded 200 points lower as Visa and Boeing lagged. The S&P 500 fell 0.8 percent as tech underperformed. The Nasdaq Composite pulled back 1.5 percent. The major indexes were on pace for their third straight day of losses.

Shares of Facebook and Amazon both fell more than 1 percent, while Netflix pulled back 2 percent. Apple also dropped more than 1 percent.

CNBC


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