AdvertisementFacebook and Other Tech Companies Drag Down Stock MarketsStocks tumbled on Monday, dragged down by shares of technology companies, which until recently had propelled the nine-year bull market ever higher. The news reports could open the door to greater government scrutiny and potential regulation of the technology sector. Already, government officials in the United States, Europe and elsewhere have been demanding tougher oversight of the world’s largest tech companies. The falling tech stocks pulled down the overall market, with the Standard & Poor’s 500 index down 1.4 percent. In 2009, the tech sector made up 17.5 percent of the S. & P. 500.

Source: New York Times March 19, 2018 19:57 UTC