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Dow Suffers Worst Day in 7 Months Over Tech Earnings

2018-02-03 1 Dailymotion

Disappointing earnings have led to a negative impact on tech stocks, which has contributed to the worst day on Wall Street in since May.<br />According to reports, the Dow Jones industrial Average is down over 500 points.<br />The biggest drops for the Dow came from the tech sector, with only Amazon reporting a strong fourth-quarter in earnings.<br />The other big tech stocks floundered, as Apple, Facebook, Google, and Microsoft all had blemishes in their earnings reports.<br />Oil prices also contributed to market losses on the day, with Exxon falling 5-percent after their earnings report showed they missed revenue expectations. <br />

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