FAANG stocks are sliding as DOW hits record highs
Aug 26, 2024, 15:37 IST
Tech stocks continue their rollercoaster performance as FAANG stocks during Monday's holiday-shortened session.
The major tech stocks are all down, even as the Dow Jones Industrial Average hits all-time highs.
Tech stocks have been propping up the Nasdaq this year, but recently the FAANG stocks have come under pressure.
Here's how the FAANG stocks are performing on Monday.
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- Facebook (FB): -1.49%
- Amazon (AMZN): -1.28%
- Apple (AAPL): -0.35%
- Netflix (NFLX): -1.60%
- Alphabet (GOOGL): -0.78%