US stock indexes fall further as technology slump continues

October 15, 2018

Via: ABC News

U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September. The S&P 500 and other major U.S. indexes are coming off their worst week since late March as investors worry about rising interest rates and trade tensions between the U.S. and China. Bank of America dropped after it reported disappointing growth in loans.

KEEPING SCORE: The S&P 500 index slid 14 points, or 0.5 percent, to 2,752 as of 10:05 a.m. Eastern time. The Dow Jones Industrial Average slipped 69 points, or 0.3 percent, to 25,270. The Nasdaq composite dropped 75 points, or 1 percent, to 7,422. The Russell 2000 index of smaller-company stocks fell 2 points, or 0.2 percent, to 1,544 and is on track for its eighth loss in a row.

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