
News
The S&P 500 Index initially closed down 0.7%, with the real estate sector falling about 0.9%, and the industrial, materials, consumer discretionary, and technology sectors each dropping at least about 0.7%. The telecommunications sector fell 0.3%, "performing the best." The Nasdaq 100 Index initially closed down 0.8%. Among the constituents, Applovin initially closed down 2.9%, Micron Tech, Strategy, KLA, and Western Digital fell over 2%, while Insmed and ALNY rose 0.2%. IBM initially closed down 1.9%, Disney fell 0.9%, leading the decline among Dow components, while VZ rose 0.3% and Nike rose 4.2%
