Share “Weakness in tech stocks pushes indexes lower”

Weakness in tech stocks pushes indexes lower

Published on NewsOK Modified: March 27, 2014 at 3:17 pm •  Published: March 27, 2014

NEW YORK (AP) — More weakness in the technology sector is sending the stock market lower.

GameStop fell 4 percent after reporting lower sales and income than investors were expecting. GameStop will also close 2 percent of its stores.

"Candy Crush Saga" maker King Digital fell 3 percent on its second day as a publicly traded company, and Google fell 2 percent.

The Standard & Poor's 500 index fell three points, or 0.2 percent, to close at 1,849 Thursday.

The Dow Jones industrial average lost four points, or 0.2 percent, to 16,264. The tech-heavy Nasdaq composite lost 22 points, or 0.5 percent, to 4,151.

Citigroup fell 5 percent after the Federal Reserve denied the bank's plan to raise its dividend.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.68 percent.


  1. 1 reveals top Labor Day, Fall destinations for 2015
  2. 2
    Rep. Jim Bridenstine recognized for leadership on space issues
  3. 3
    Susan Sarandon calls upcoming Glossip execution 'a horrible thing' on 'Dr. Phil'
  4. 4
    Barricaded man who threatened Claremore police officers sentenced to 20 years in prison
  5. 5
    Cat takes a bullet and saves 3-year-old
+ show more


× Trending business Article