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Stock impact report

Market Snapshot: Dow closes down nearly 400 points as tech losses batter stock market [MarketWatch]

SEI Investments Company (SEIC) 
Last sei investments company earnings: 4/23 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: seic.com/investor-relations
Company Research Source: MarketWatch
Dow closes down nearly 400 points as tech losses batter stock market Stocks retreated sharply lower Monday, with shares of technology and internet-related companies dragging the market lower. The main equity benchmarks saw losses accelerate in morning trade after a report showed home-builders’ confidence plummeted in November. U.S. financial markets will be closed Thursday for the Thanksgiving Day holiday. The tech-heavy Nasdaq Composite Index COMP, -3.03% led the markets lower, closing down 219.4 points, or 3%, to 7,028.48. The Dow Jones Industrial Average DJIA, -1.56% tumbled 395.8 points, or 1.6%, to 25,017.44, and the S&P 500 index SPX, -1.66% retreated 45.5 points, or 1.7%, at 2,690.73 Last week, the Dow posted a weekly decline of 2.2%, the S&P 500 index declined by 1.6% while the Nasdaq shed 2.2%. Investor anxiety, evidenced by last week’s declines, continued Monday, following a report on home-builder confidence that showed sector executives less upbeat than at any point Show less Read more
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