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Reversal: Nasdaq, S&P 500 turn negative

Published 08/02/2017, 10:51 AM
© Reuters.  Reversal: Nasdaq, S&P 500 turn negative
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  • Records fell across the board at the open behind a more than 6% post-earnings advance for Apple (NASDAQ:AAPL).
  • Apple still holds a 4.4% gain, but the Nasdaq is now lower by 0.6% and the S&P 500 down 0.3%. The Dow - which powered through 22K at the open - remains marginally in the green, but has slipped back below 22K.
  • In tech, Google (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), and Facebook (NASDAQ:FB) are all down nearly 1%. Netflix (NASDAQ:NFLX) is lower by 2.1% and Amazon (NASDAQ:AMZN) by 0.45%.
  • Leading the S&P 500 into the red is energy (XLE -1%) as oil again takes up residence below $50 per barrel.
  • Now read: Still Time To Get Into Energy Companies


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