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US stocks resume downward slide, tech shares tumble

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NEW YORK (AFP) - Wall Street stocks finished solidly lower on Thursday (Sept 10), resuming a downward trend from recent sessions as a US relief package suffered another setback in Congress.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks finished solidly lower on Thursday , resuming a downward trend from recent sessions as a US relief package suffered another setback in Congress.

"Investors are wondering whether the technology sector can continue to deliver for the overall market," said TD Ameritrade's JJ Kinahan. Thursday's losses went beyond technology, however, with energy and financial stocks also dropping as jobless claims in the United States remained at a high level and a slimmed-down relief package failed to garner enough votes to pass the Republican-led Senate.

 

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