
U.S.
stocks plunged on Thursday fueled by a sell-off in the technology and
biotechnology sectors, as investors viewed valuations have grown too
lofty. At the close of U.S. trading, the Dow 30 fell 1.62%, the S&P
500 index fell 2.09%, while the Nasdaq fell 3.10%.
Leading Dow
Jones Industrial Average performers included McDonald’s Corporation
(NYSE:MCD), up 1.10%, AT&T Inc (NYSE:T), up 0.59%, and Coca-Cola
Company (NYSE:KO), down 0.24%.
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