Around the World's Markets: New York
STOCKS FELL, led by Intel and Microsoft, as the tech shares rally that drove the Nasdaq to seven straight records ended. Uncertainty about the anti-trust case against Microsoft "is going to be there for weeks," said Alan Loewenstein, co-manager of the John Hancock Global Technology Fund.
The Nasdaq dropped 19.02 points to 3,124.95, after gaining 12 per cent in its streak. The Dow sank 101.53 points, 1 per cent, to 10,617.32.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies