Dow drops 345 points as tech stocks get crushed - News Summed Up

Dow drops 345 points as tech stocks get crushed


The wild ride on Wall Street just got crazier. The Dow dropped 345 points, or 1.4%, on Tuesday, completely reversing a 244-point gain from early in the day. Wall Street wasn't comforted by news that CEO Mark Zuckerberg has decided to testify before Congress about his company's user data crisis. Related: The US needs to borrow almost $300 billion this weekAs tech stocks plunged, investors poured money into the safety of government bonds Tuesday. Now that trade worries have receded a bit, tech stocks have risen to the top of Wall Street's worry list, at least for now.


Source: CNN March 27, 2018 19:52 UTC



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