Shares of Alphabet, Amazon, and AMD Plunge
America's stock market caught a bad case of coronavirus today. Shares of Amazon.com (NASDAQ: AMZN) stock fell 4.1%, while Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) closed the day down 4.3%. Meanwhile, Advanced Micro Devices (NASDAQ: AMD) stock was down 7.8%.
Worse, this sell-off wasn't limited to companies beginning with the letter A. It's infecting pretty much all of the stock market. By close of trading on the New York Stock Exchange, the Dow index of America's biggest blue chips sank 3.6%, while the Nasdaq closed 3.7% lower, and the broader S&P 500 was off 3.4%.
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Source Fool.com