Investors to sell the FAANG stocks
The US stocks are ending the day sharply lower and risk on flows dominate. The FAANG +M+T (that is Microsoft and Tesla) fell sharply.
The final numbers are showing:
- S&P, fell -40.36 points or -1.23% at 3235.66
- NASDAQ index fell -244.7 points or -2.29% at 10461.42
- Dow industrial average fell -353.51 points or -1.31% at 26652.32