Business
Historic drop for Alphabet's stock drags the US market lower
NEW YORK (AP) — A historic drop for Alphabet’s stock dragged the U.S. stock market lower. The S&P 500 fell 0.3% Thursday, its first drop in four days. The loss came even though the majority of stocks within the index and across Wall Street rose. The Nasdaq composite tumbled 1.4%, and the Dow Jones Industrial Average fell 0.3%. Google’s parent company was the main reason for the losses, and had its worst drop on record after reporting weaker growth for the summer than analysts expected. The repor
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Originally published byWPLG Local 10 1d ago · local10.com
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