Technology companies fall sharply, leading US indexes lower - News Summed Up

Technology companies fall sharply, leading US indexes lower


Technology stocks led a broad slide in U.S. stocks Tuesday after a day of mostly choppy trading. Phone and utilities companies were among the big decliners after a sell-off in bonds sent yields sharply higher. Oil prices rose for the fourth straight day. Bond prices fell. Alphabet, Google's parent company, slid 2.5 percent after the European Union slapped the online search giant with a $2.7 billion fine.


Source: ABC News June 27, 2017 14:24 UTC



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