Wall Street Takes A Hit

Wall Street takes a hit as a selloff in technology majors deepened on Monday. This nearly took out all the gains the tech-heavy Nasdaq index made so far this year. All the 11 major S&P sectors fell as well, with markets also coming under pressure from renewed fears of a global trade war after China imposed additional tariffs on 128 U.S. products. Also with President Trump hammering away at Amazon over the weekend, the stock dropped more than 4 percent.