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Nasdaq drops nearly 1% as Facebook leads slide in tech stocks

The Dow Jones Industrial Average fell 90.8 points, or 0.36 percent, to 24,855.71

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A souvenir license plate is seen outside the New York Stock Exchange in Manhattan, New York. Photo: Reuters
Reuters
Last Updated : Mar 19 2018 | 8:46 PM IST

Wall Street's main indexes opened lower on Monday as reports of Facebook's user data being misused weighed on technology stocks and the broader market.

The Dow Jones Industrial Average fell 90.8 points, or 0.36 percent, to 24,855.71. The S&P 500 lost 11.84 points, or 0.430231 percent, to 2,740.17. The Nasdaq Composite dropped 63.99 points, or 0.86 percent, to 7,418.00.

 

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First Published: Mar 19 2018 | 8:45 PM IST

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