Closing Bell: Apple, Alphabet Tumble in Broad Stock Selloff
It was a painful end to the day as stocks bottomed out near session lows, logging their worst day since late September.
It was a painful end to the day as stocks bottomed out near session lows, logging their worst day since late September. Markets were lower on a growing split between what the Federal Reserve is expected to do with rates and how the European Central Bank is approaching stimulus. Investors were also nervous ahead of Friday's jobs report. The broad selloff hit some of Wall Street's biggest names. Among them, Alphabet (GOOGL) and Bank of America (BAC) fell more than 1%, Disney (DIS) tumbled more than $2 a share and Apple (AAPL) slid 0.9%. Avago Technologies (AVGO) spiked after managing to boost quarterly sales 16% even as growth in the overall smartphone market slowed down.









