Worldbulletin News

Worldbulletin News Worldbulletin News Portal

10:55, 17 July 2018 Tuesday
Update: 21:48, 12 January 2018 Friday

  • Share
Facebook shares sink as US stocks add to records
Facebook shares sink as US stocks add to records

About 12 minutes into trading, the Dow Jones Industrial Average was at 25,675.70, up 0.4 percent.

World Bulletin / News Desk

Shares of Facebook tumbled Friday after it announced an overhaul of its newsfeed, while US stocks added to records following data showing higher retail sales in December.

The broad-based S&P 500 gained 0.2 percent to 2,772.83, while the tech-rich Nasdaq Composite Index advanced 0.1 percent to 7,219.4, weighed down somewhat by a 4.2 percent drop in Facebook.

All three indices closed at records on Thursday. 

Related Facebook
Legal Notice: Copyright, trade marks and other intellectual property rights in this website can not be reproduced without the prior permission.

  • Share