Nasdaq Tumbles 1.5% As Big Tech Companies Fall; Dow Positive

Nasdaq tumbles 1.5% as big tech companies fall; Dow positive

NEW YORK, (Pakistan Point News - APP - 10th Nov, 2016 ) : The Nasdaq fell sharply early Thursday, with Amazon, Facebook and other large tech stocks tumbling on worries about policy changes and protectionism under the coming administration of President-elect Donald Trump. The Nasdaq, which had opened in positive territory, fell as much as two percent, even as the blue-chip Dow index stayed in positive territory. Near 1545 GMT, the Nasdaq was down 1.5 percent to 5,174.89.