FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24, 2018. REUTERS/Brendan McDermid
July 26, 2018
NEW YORK (Reuters) – A plunge in Facebook Inc’s <FB.O> shares pushed the Nasdaq down more than 1 percent on Thursday, the index’s biggest one-day drop in a month, but industrial stocks rose after the United States and the European Union said they would negotiate on trade.
The Dow Jones Industrial Average <.DJI> rose 114.39 points, or 0.45 percent, to 25,528.49, the S&P 500 <.SPX> lost 8.6 points, or 0.30 percent, to 2,837.47, and the Nasdaq Composite <.IXIC> dropped 80.05 points, or 1.01 percent, to 7,852.19.
(Reporting by Chuck Mikolajczak; Editing by Leslie Adler)
