Dow up, S&P and Nasdaq down
The US stocks are mixed with the Nasdaq getting hammered on Facebooks plunge (down -18.02%).
- The S&P is down -8 points or -0.29%
- The Nasdaq is down -72 points or -0.92%
- The Dow is up 82 points or 0.33%
The fall in the FB shares - if it holds - would be the largest market cap decline. I don't know if it was at the low overnight or currently, but the fall in market cap was -143B, which is a decline equivalent to the market cap of IBM (give or take). The price si at 178.62 currently. The premarket low extended below the 170 level. So there is some early buying (for now).
