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Wall Street slides again on Friday as tech, internet stocks tumble

2018-10-27 3 Dailymotion

The market rout continued on Wall Street on Friday.<br />All three of the major indices dropped after underwhelming quarterly financial results from major internet companies -- like Amazon and Google-parent company Alphabet -- spooked markets.<br />The S&P 500 plunged one-and-three-quarter percent to 2,658... sending it into corrective territory.<br />The Dow Jones Industrial Average dropped one-point-two percent to 24,688.<br />The Nasdaq was hit the worst,... slumping more than two percent to close the week at 7,167.<br />Also on Friday, South Korean stocks plunged again to a 21-month low.<br />The benchmark KOSPI dropped 36 points, or one-point-seven-five percent, to close at 2,027.<br />The KOSDAQ continues to get slammed,.. plunging almost three-and-a-half percent to 663. <br />

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