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Us Stocks-Wall St down over 2 pct as tech rout deepens, oil drops

2016-02-08 21:02:19| Paper - Topix.net

Feb 8 Wall Street was deep in the red on Monday, as technology stocks extended a selloff from Friday and U.S. crude oil slipped below $30 per barrel, sending investors scurrying for cover to safe-haven assets. The technology-heavy Nasdaq Composite fell 2 percent to its lowest since October 2014, weighed down by Microsoft and Facebook, while the Dow Jones industrial average shed more than 300 points.

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