Sunday 16 December 2018
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wn.com - 26 days ago

Global markets sink again as tech and retail stocks drop

NEW YORK (AP) Stocks are skidding Tuesday morning as weak results from retailers and mounting losses for big technology companies push the market back into the red for the year.Energy companies are slumping because of a 5 percent drop in the price of oil. Industrial companies are also dropping as the downward momentum in stocks builds after steep losses Monday.The S P 500 index lost 36 points, or 1.4 percent, to 2,654 as of 11:19 a.m. Eastern time. The benchmark index is now ......

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