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S&P 500, Nasdaq open lower as Facebook plunges


Thursday, 26 July 2018 20:58 WIB

Standard & Poor's 500Indeks NasdaqSaham AS


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U.S. stock-market indexes opened mostly lower open on Thursday, with outsize losses in the Nasdaq as Facebook shares plummeted following its disappointing quarterly results.

The S&P 500 fell 8 points, or 0.3%, to 2,838. The Nasdaq Composite Index slumped 74 points, or, 1%, to 7,857 at the open, driven by a 18% drop in shares of Facebook Inc. after disappointing earnings. The Dow Jones Industrial Average bucked the trend, rising 89 points, or 0.4%, to 25,507.

Source: Marketwatch


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