NEW YORK | Markets Right Now: Stocks plunge again, led by technology
NEW YORK — The latest on developments in financial markets (all times local):
Major indexes are sinking again as traders continue to unload stocks, extending dismal streak for the stock market.
Friday’s sell-off erased more than 500 points from the Dow Jones Industrial Average, bringing its weekly drop to more than 1,000.
Technology and health care stocks led the way lower. Microsoft fell 3.4 percent.
Traders have been dumping stocks this week as doubts emerged about how much progress had been made on defusing trade tensions between the U.S.