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Wall Street stumbles as tech slide deepens

Reuters 

By Lewis Krauskopf(Reuters) - Wall Street fell on Thursday as a recent selloff in technology stocks deepened and investors fretted about the economy's health as the Federal Reserve raises interest rates.The S&P technology sector fell 0.5 percent, continuing a slide that began last Friday, although it had been down more earlier. Apple shares fell 0.8 percent while Google parent Alphabet dropped 1 percent after separate bearish analysts reports on the two tech heavyweights.The consumer discretionary sector dropped 0.5 percent, as Amazon.com shares fell 1.4 percent. Nike was off 3.3 ...

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First Published: Fri, June 16 2017. 00:28 IST
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