U.S. stocks fell Friday, with the Dow Jones Industrial Average on track to close out its worst week and month since March. It has already shed more than 7% this week, putting it on track for its worst weekly performance since the height of the pandemic-induced market tumult. The S&P 500 fell 1.9%, pulled down by declines in all 11 sectors.
* Twitter slumps as user growth disappoints. * Apple (AAPL), Amazon (AMZN), Facebook (FB) drop after results. * Alphabet rises as businesses resume ad spending. * Indexes down: Dow 1.6%, S&P 1.8%, Nasdaq 2.7% By Medha Singh and Shivani Kumaresan.
U.S. stocks fell Friday, with the Dow Jones Industrial Average on track to close out its worst week and month since March, following a sharp selloff in big technology stocks. It has already shed more than 7% this week, putting it on track for its worst weekly performance since the height of the market tumult. The S&P 500 fell 1.5% and tech-heavy Nasdaq Composite was down 2.3%.
U.S. stocks fell Friday, with the Dow Jones Industrial Average on track to close out its worst week and month since March, following a sharp selloff in big technology stocks. It has already shed more than 6% this week, putting it on track for its worst weekly performance since the height of the market tumult. The S&P 500 fell 0.9% and tech-heavy Nasdaq Composite was down 1.6%.
* Twitter slumps as user growth disappoints. * Under Armour (UAA) climbs as revenue forecast exceeds expectations. * Apple (AAPL), Amazon (AMZN), Facebook (FB) drop after results. * Alphabet rises as businesses resume ad spending. * Indexes down: Dow 0.9%, S&P 1%, Nasdaq 1.7% By Medha Singh and Shivani Kumaresan.
* Consumer spending increases 1.4% in September. * Personal income rebounds 0.9%; savings rate dips to 14.3% * Core PCE price index rises 0.2%; up 1.5% year-on-year. By Lucia Mutikani.
U.S. stocks fell Friday, with the Dow Jones Industrial Average on track to close out its worst week and month since March, following a sharp selloff in big technology stocks. The Dow dropped 0.4%, a 95- point decline. It had already shed 5.9% this week, putting it on track for its worst weekly performance since the height of the market tumult.
U.S. stock indexes closed lower on Friday to cap Wall Street's biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.
* Twitter slumps as user growth disappoints. * Under Armour (UAA) climbs as revenue forecast exceeds expectations. * Apple (AAPL), Amazon (AMZN), Facebook (FB) drop after results. * Alphabet rises as businesses resume ad spending. * Futures down: Dow 1.12%, S&P 1.05%, Nasdaq 1.34% By Medha Singh and Shivani Kumaresan.
* Lira set to lose 7.9% in Oct. * MSCI EM stocks index gains in Oct, but outlook dull. * EU GDP awaited. By Ambar Warrick. Turkey's lira led losses across emerging markets in Europe, Middle East and Africa on Friday, and was set for its worst month since the 2018 crisis, weighed by rising coronavirus cases and uncertainty over the U.S. presidential election.
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