Market Snapshot: Stocks end lower as tech weakness quashes attempt at gains [MarketWatch]
Apple Inc. (AAPL)
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Source: MarketWatch
Stocks end lower as tech weakness quashes attempt at gains Major benchmarks closed lower Monday as tech weakness prevented stocks from holding on to earlier gains. Investors also remained cautious following last week’s equity-market rout, sparked in part by rising U.S. interest rates. Nasdaq was the worst performer of the three after large-cap tech shares including Apple Inc. AAPL, -2.14% Alphabet Inc. GOOGL, -1.62% GOOG, -1.61% Microsoft Corp. MSFT, -1.80% and Amazon.com Inc. AMZN, -1.55% all fell more than 1%. The Dow Jones Industrial Average DJIA, -0.35% reversed direction to fall 89.44 points, or 0.4%, to 25,250.55 while the S&P SPX, -0.59% slid 16.34 points, or 0.6%, to close at 2,750.79. The Nasdaq Composite COMP, -0.88% fell 66.15 points, or 0.9%, to finish at 7,430.74. On Friday, the DJIA, -0.35% Dow Jones Industrial Average DJIA, -0.35% gained 287.16 points, or 1.2%, to 25,339.99, in whipsaw trading. The S&P 500 SPX, -0.59% rose 1.4% to
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