Markets Right Now: Tech, Internet Stocks Lead Early Declines

NEW YORK (AP) — The latest on developments in financial markets (all times local):

9:35 a.m.

Stocks are opening moderately lower on Wall Street, led by declines in technology and internet companies.

- Sponsors -

Apple fell 3.7 percent in early trading Monday and Google's parent company Alphabet gave up 1.5 percent.

Athenahealth jumped 9.6 percent after the struggling medical billing software maker received a $5.7 billion cash buyout offer.

The S&P 500 index fell 16 points, or 0.6 percent to 2,764.

- Partner Content -

Besselman Wealth Planners

For over 50 years, Besselman Wealth Planners has been helping individuals, families, and businesses in the Greater New Orleans area navigate the financial markets....

The Dow Jones Industrial Average fell 113 points, or 0.5 percent, to 25,870. The Nasdaq composite lost 87 points, or 1.2 percent, to 7,319.

Bond prices rose. The yield on the 10-year Treasury note fell to 3.18 percent.

 

- Sponsors -

Source: AP

Digital Sponsors / Become a Sponsor

Close the CTA

Happy 504 Day!  🎉

Order a full year of local stories,

delivered to your door.

Limited time offer. New subscribers only.

Follow the issues, companies and people that matter most to business in New Orleans.

Email Newsletter

Sign up for our email newsletter