“Tech stocks put in a roundly negative performance Tuesday, with the majority of the sector closing in the red and adding to the previous day’s losses,” Rex Crum reports for MarketWatch.
“Fears about the latest economic woes in Europe stoked negative sentiment among investors and helped drive down the Nasdaq Composite Index by almost 56 points at to close at 2,991,” Crum reports. “It’s the first time the benchmark index has been closed below 3,000 since March 12.”
Crum reports, “Apple Inc., which earlier hit a new all-time high of $644 a share, turned south and closed with a loss of $7.79 share at $628.44.”
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