Tech retreat drives stock market to another losing month

to provide more support for the economy and uncertainty surrounding the upcoming presidential election.

Apple dropped 6.4% after investors focused on weaker revenue than expected for its iPhones and sales in China. Amazon fell 5.7%, and Facebook lost 7.7%. Analysts say that’s an indication that expectations may have built too high through the market’s big rally and that investors’ attention may simply be elsewhere given all the uncertainties sweeping the market.

Meanwhile, Washington has been unable to deliver more aid to the economy. That’s despite investors and economists saying it’s sorely needed after the expiration of supplemental benefits for laid-off workers and other stimulus approved by Congress earlier this year.

'How come this Generation can't see the long-suffering of GOD and Honour, Respect and Adore HIM GOD does not take any pleasure in the death of the wicked; instead HE prefers that they repent and live. ExpressFridayVigil

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook admits to tech glitch on political ad ban, Biden camp furious - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Omfg Zuck get your shit together Darn! Another Facebook “Oops” that benefits the far right. Such bad luck! Poor Facebook! 'Technical Issues' ice try Zuckerberg.
Source: BusinessInsider - 🏆 729. / 51 Read more »