The Nasdaq is down more than 2.20%, the Dow Jones has lost more than 300 points, and the S&P 500 is down more than 1.33%.
FaceBom’s stock is declining strongly after the network disruption, and the testimony against the company and its unethical practices in the US Congress, to lose the stock more than 5%, and Mark Zuckerberg lose more than 7 billion US dollars.
Twitter and Snapchat shares are also falling, due to regulatory pressure.
The entire technology stock sector is also subject to liquidation, and Apple shares are officially entering a correction zone, due to the increased demand for growth stocks, most notably the name of the oil companies that shine today due to OPEC’s recommendation not to change monetary policy.
Today, only Tesla survived, with reports that it outperformed its expected deliveries.
Source – Investing
The article was a bloodbath in the US stock market, a negative closing between liquidation and malfunctions. It was written in Al Borsa newspaper.