Tech, Travel Stocks Drag Down Indexes
newscatcher
2022-08-09 21:30
Tech, Travel Stocks Drag Down Indexes
(Newser) – Stocks closed lower on Wall Street Tuesday as disappointing earnings reports weighed on technology and travel companies. The S&P 500 fell 17.59 points, or 0.4%, to 4,122.47. The Dow Jones Industrial Average fell 58.13 points, or 0.2%, to 32,774.41. The Nasdaq fell 150.53 points, or 1.2%, to 12,493.93. Norwegian Cruise Line plunged 10.6% for the biggest drop in the S&P 500 after reporting disappointing financial results and giving investors a weak revenue forecast, the AP reports. The weak results weighed down travel-related stocks.

https://www.newser.com/story/323995/tech-travel-stocks-drag-down-indexes.html

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