National News

Apr 7, 2014 10:00 AM by Associated Press

Tech stocks start lower, continuing a decline

NEW YORK (AP) - Stocks are starting out the week the same way they ended the last one - down.

Technology stocks fell broadly in early trading Monday, continuing a decline from last week as investors dump once high-flying stocks. Google and Facebook, which soared over the past year, were among the early losers.

The tech-heavy Nasdaq composite fell 37 points, or 0.9 percent, to 4,089 in the first few minutes of trading.

The Standard & Poor's 500 index lost 10 points, or 0.6 percent, to 1,854. The Dow Jones industrial average fell 65 points, or 0.4 percent, to 16,343.

Procter & Gamble edged up 0.7 percent following news that the maker of Tide laundry detergent raised its quarterly dividend.

Bond prices rose. The yield on the 10-year Treasury fell to 2.70 percent.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)



Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at, and include the name of the story and information on the comment.

Thank you!

Most Popular

Top Videos

1 2 3 4