While you were sleeping: Stocks tumble

Mon, 08 Feb 2016

By Margreet Dietz Feb. 9 (BusinessDesk) - Equities on both sides of the Atlantic tumbled, as energy stocks fell with the price of oil and as investors further unloaded tech stocks amid concern about the outlook for corporate profits amid a slowing global economy. In 12.28pm trading in New York, the Dow Jones Industrial Average dropped 1.9 percent, while the Nasdaq Composite Index shed 2.1 percent. In 12.14pm trading, the Standard & Poor’s 500 Index declined 2.1 percent. Slides in shares of Visa and those of Goldman Sachs, last down 6.6...

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