Technology stocks lead US markets lower in early trading

Technology stocks lead US markets lower in early trading

4 years ago
Anonymous $4bURcB5AtU

https://apnews.com/b3e153677e754abfa30f982c74b3a617

NEW YORK (AP) — Stocks fell in early trading Monday on Wall Street as trade tensions flared with China’s diplomatic retaliation for U.S. support of protesters in Hong Kong.

Technology stocks were the biggest drag on the market. Many of the companies in that sector rely on China for sales and supply chains and can become very volatile with new developments in trade negotiations. Adobe fell 2.4% and Microsoft fell 1%.