S&P 500 ends below 4,000 for 1st time since March 2021; growth shares lead decline - Moneycontrol

5/9/2022 12:00:00 AM2 years 11 months ago
by Reuters
by Reuters
The Nasdaq closed at its lowest level since November 2020. Apple shares dropped 3.3% and were the biggest weight on the Nasdaq and the S&P 500. Microsoft Corp dropped 3.7% and Tesla Inc fell 9.1%.
The S&P 500 ended below 4,000 for the first time since late March 2021 and the Nasdaq dropped more than 4% on Monday in a selloff led by mega-cap growth shares as investors grew more concerned ab… [+2501 chars]
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