US Stocks Close Down As Rally Goes Into Reverse
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2019-03-05 HKT 05:22
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Stocks gave up an early rally and ended broadly lower on Wall Street on Monday, led by declines in health care companies.
UnitedHealth Group sank 4.1 percent, the biggest loss among the 30 stocks in the Dow Jones Industrial Average.
Technology companies and banks also fell. Salesforce.com sank 3.7 percent and Charles Schwab lost 2.5 percent.
AT&T fell 2.7 percent after announcing a revamp of its WarnerMedia division, which includes HBO and other cable channels.
The S&P 500 index fell 0.4 percent to 2,793.
The Dow average lost 0.8 percent, to 25,819. The Nasdaq declined 0.2 percent to 7,577. (AP)
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