New York CNN —
US stocks dropped Monday, with the Dow falling by more than 300 points as markets close out a record year.
The S&P 500 fell by 1%, while the tech-heavy Nasdaq saw the biggest slide, down 1.1%, as traders sold off Big Tech investments such as Amazon (AMZN), Alphabet (GOOG) and Tesla (TSLA).
Shares of Boeing (BA) also saw major declines Monday following the fatal Jeju Air crash, which prompted South Korea to order an inspection of all its 737-800 planes, the Boeing model that crashed. Boeing’s stock was down over 2%
→ Continue reading at CNN - Business News
