Monday 3 June 2019

wallstreet falls as Facebook, Alphabet, Amazon drag

The Dow Jones Industrial Average fell 60.24 points, or 0.24%, to 24,754.8, the S&P 500 lost 13.42 points, or 0.49%, to 2,738.64 and the Nasdaq Composite dropped 122.51 points, or 1.64%, to 7,330.64.

The three major U.S. stock indexes declined on Monday on weaker-than-expected economic data, while shares of Alphabet, Facebook andAmazon.com fell sharply on fears the companies are the targets of U.S. government antitrust regulators, putting pressure on the tech-laden Nasdaq.

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