Dow plunges nearly 475 points; Nasdaq buoyed by late tech gains
The Nasdaq initially appeared headed for a soundly negative session, but big tech found its footing as the day went on
4:10pm: Amazon and Netflix carry Nasdaq to flat
The Dow closed down 474 points, 1.4%, at 34,269. The Nasdaq ended just 12 points lower at 13,389, and the S&P 500 lost 36 points to end at 4,152.
Tech shares stumbled out of the gate, and initially the Nasdaq appeared headed for a negative day, but the index found its footing led by Amazon.com (NASDAQ:AMZN) and Netflix Inc (NASDAQ:NFLX), both of which saw shares gain more than 1%.
Dow plunges nearly 475 points; Nasdaq buoyed by late tech gains
The Nasdaq initially appeared headed for a soundly negative session, but big tech found its footing as the day went on
4:10pm: Amazon and Netflix carry Nasdaq to flat
The Dow closed down 474 points, 1.4%, at 34,269. The Nasdaq ended just 12 points lower at 13,389, and the S&P 500 lost 36 points to end at 4,152.
Tech shares stumbled out of the gate, and initially the Nasdaq appeared headed for a negative day, but the index found its footing led by Amazon.com (NASDAQ:AMZN) and Netflix Inc (NASDAQ:NFLX), both of which saw shares gain more than 1%.