- The S&P 500 Index retreats after hitting a new all-time high on Friday.
- Shares in the energy and technology sector post heavy losses after the opening bell.
- The Nasdaq Composite Index is losing more than 1%.
The main US stock indices They have started the new week on the defensive, pressured by strong losses registered in the actions of the energy and technology sector. At the time of writing, the Dow Jones Industrial Average is losing 0.45% on the day at 30,948, the S&P 500 is down 0.75% at 3,795, and the Nasdaq Composite is down 1.25% at 12,943.
Following the suspension of the account of the President of the United States, Donald Trump, Twitter Inc shares down 11.4% on Monday. The S&P 500 Communications Services Index is the worst performing major sector, losing 1.6%. Further, the S&P 500 energy sector is retreating 1% affected by a 1.85% drop in oil prices in United States.
On the other hand, the health sector index has risen 0.55% as the only major sector trading in positive territory after the opening bell.
S&P 500 daily chart
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