Wall Street closes lower amid tech sell-off, health-care vote delay

Posted on: June 27th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — Wall Street closed in the red on Tuesday amid a tech sell-off and after Senate Republicans delayed their health-care vote.

The Dow Jones Industrial Average slid 98.89 (-0.46 percent) to finish at 21,310.66.

The Nasdaq tumbled 100.53 (-1.61 percent) to close at 6,146.62, while the S&P 500 finished at 2,419.38, down 19.69 (-0.81 percent) from its open.

Crude oil was about 2 percent higher with prices over $44 per barrel.

Winners and Losers:  Shares of Alphabet Inc. sunk 2.5 percent after the European Union fined the Google parent company about $2.7 billion for breaching competition rules in its comparison shopping service.

Sprint Corp. is reportedly in talks with Charter Communications and Comcast Corp. as the cable giants are exploring offering wireless service to its customers. Sprint’s stock jumped 2 percent.

Copyright © 2017, ABC Radio. All rights reserved.

Leave a Reply

You must be logged in to post a comment.