Wall Street slides with media shares; payrolls eyed | Reuters

Wall Street slides with media shares; payrolls eyed | Reuters

NEW YORK Wall Street fell on Thursday as biotech stocks sank and as fears that more viewers are ditching cable TV sent media companies’ shares sharply lower.

The Dow Jones industrial average .DJI fell 120.72 points, or 0.69 percent, to 17,419.75, the S&P 500 .SPX lost 16.28 points, or 0.78 percent, to 2,083.56 and the Nasdaq Composite .IXIC dropped 83.50 points, or 1.62 percent, to 5,056.44.

(Reporting by Noel Randewich; Editing by Meredith Mazzilli)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Read this article: 

Wall Street slides with media shares; payrolls eyed | Reuters

See which stocks are being affected by Social Media

Share this post

Comments (0)