Tech Stocks Lead U.S. Equity Declines
Tuesday, 29 January 2019 23:34 WIB | MARKET UPDATE |DOW JONESS & P 500 Standard & Poor's 500Saham ASNasdaq

Technology shares led U.S. equities lower as investors weighed the latest corporate earnings and the chances of a trade breakthrough between the world's biggest economies.

The Nasdaq 100 tumbled more than 1 percent, with Twitter, Facebook and chipmakers leading declines ahead of earnings by Apple and AMD after the bell. Industrial companies fared better as 3M Co. struck an optimistic tone after reporting a profit that beat estimates.

The S&P 500 Index fell 0.4 percent and Dow down 13 points, or 0.1%.

After a robust start to the year for equities, investors are looking for direction from a corporate earnings season that's been indecisive so far. 

Source: Bloomberg

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