Signal for Android now circumvents censorship in Cuba and Oman (Reporting by Yashaswini Swamynathan in Bengaluru Editing by Anil D’Silva and Savio D’Souza)
The S&P 500 index showed one new 52-week high and no new lows, while the Nasdaq recorded 35 new highs and 36 new lows.
On the Nasdaq, 1,795 issues fell and 1,004 advanced. Qualcomm, Skyworks Solutions, Cirrus Logic and Qorvo were down between 1 percent and 2 percent.ĭeclining issues outnumbered advancers on the NYSE by 1,444 to 1,402. Seven of the 11 major S&P 500 sectors were lower, with technology and consumer discretionary stocks taking the biggest hit.Īpple was the biggest drag on all three indexes, falling 0.6 percent to $115.98 after the Nikkei financial daily reported that the company would cut production of the iPhone by about 10 percent.Īpple suppliers also dropped on the news. The S&P is now on track to post a gain of 9.7 percent for the year, the Nasdaq 7.8 percent and the Dow 13.7 percent.Īt 12:35 p.m. Until Thursday, the three main Wall Street indexes were set to end the year with double-digit percentage gains. The euphoria that was in motion in the Trump rally has fizzled.” “It is disappointing on many levels as investors believed that we are going to see the Dow at 20,000. We entered the rally like a lion, but are leaving like a lamb,” said Andre Bakhos, managing director of Janlyn Capital in Bernardsville, New Jersey. “The market is ending 2016 with a whimper. The rally had pushed the index to within 13 points of 20,000 last week, but after three straight days of losses, the index is now about 200 points shy. The Dow Jones Industrial Average was set for its first weekly decline since the U.S. The S&P 500 technology sector’s 0.72 percent drop put the broader index on track for its third straight day of declines, its longest losing streak since Nov. stocks fell on the last trading day of 2016, eating into gains for the year, as Apple led a decline in technology stocks. evicts Russians for spying, imposes sanctions after election hacks Slack loses another executive, head of platform products Jason Shellen.What Ford is doing right with the Fusion Hybrid autonomous car.Y Combinator-backed Omniref is shutting down on January 31, 2017.BotBeat 2016: This year’s top bots stories.Asus Chromebook Flip 2 appears on Best Buy website, gets yanked.
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set to end 2016 with a whimper” plus 26 more VentureBeat