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Dow Falls Over 200 Points; Adobe Shares Plunge

Benzinga · Mar 15 14:40

ADBE +0.87% AVD +2.50% CDLX +6.26% CISS -0.74% IMRX +2.80%

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling over 200 points on Friday.

The Dow traded down 0.55% to 38,692.43 while the NASDAQ fell 0.90% to 15,982.65. The S&P 500 also fell, dropping, 0.64% to 5,117.35.

Leading and Lagging Sectors

Materials shares jumped by 0.2% on Friday.

In trading on Friday, information technology shares fell by 1.4%.

Top Headline

Shares ofAdobe Inc.(NASDAQ:ADBE) fell around 14% on Friday after the company issued a weak forecast.

Adobe reported better-than-expected results for its first quarter but issued weak revenue guidance for the current quarter. The company said it sees second...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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