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sharply


(AP) – The stock market posted its biggest drop since October Wednesday, led by declines in several Big Tech companies. The S&P 500 gave up 2.6%. The benchmark index had set a record high just two days earlier. The selling was broad, though technology giants including Facebook, Netflix and Google’s parent company accounted for a …

Stock markets in New York and Toronto sold off on Thursday, led by shares in technology companies that have been on a tear since the coronavirus pandemic began. The technology-focused Nasdaq closed down 598.36 points, or almost five per cent, to hit 11,458 on Thursday. The Nasdaq has been on a tear for months as investors pour money into technology …

Airline passengers wearing face masks arrive and depart the D Concousre at McCarran International Airport in Las Vegas on Tuesday, June 30, 2020. Bill Clark | CQ-Roll Call | Getty Images More travelers took to the skies over the July 4 weekend, but airlines are still facing paltry demand compared with last summer because of …