Nasdaq falls in early trading after sinking 1.8% on Friday, with analysts expecting continued uncertainty
Shares in technology companies – the driver behind recent record stock market gains – kept falling on Monday as investors worried the sector was running out of steam.
On Friday, the tech-heavy Nasdaq Composite Index, home to Alphabet, Apple, Amazon, Facebook, Microsoft and others, fell 1.8% and the slide continued on Monday, with the index down another 0.52% as market analysts anticipated more wobbles ahead of a crucial meeting of the Federal Reserve this week.