Stock Market Drop Accelerates on Vague Trump Tariff Threats
For May 7th, 2019, stocks were slightly lower, with the total market dropping 1.79% for the day.
The top performing business sector for the day was utilities, falling 0.36%, with technology stocks performing the worst in the market.
Here's how some of the top companies performed:
- Lee Enterprises Incorporated (LEE) +0.37%
- Amazon.com Inc. (AMZN) -1.52%
- Netflix Inc. (NFLX) -2.13%
- Alibaba Group Holding Limited (BABA) -3.66%
- Nike Inc. (NKE) -1.22%
Let's have a look at some companies based in NYC:
The New York Times (NYT) 📉
Down 4.22% to $34.34
The New York Times is a newspaper founded in New York in 1851 that is headquartered at 620 Eighth Avenue in Midtown West.
The latest price for The New York Times is $0.51 off its 52-week high price of $34.85
Nielsen Holdings (NLSN) 📉Down 1.49% to $24.52
Nielsen is a data analytics company founded in the Netherlands in 1923 and now headquartered at 85 Broad Street in the Financial District.
Today's price for Nielsen Holdings is $3.99 off its 52-week low price of $20.53
AIG Insurance (AIG) 📈Up 6.79% to $47.11
American International Group is a finance and insurance company founded in Shanghai, China in 1919 that moved to New York City in 1939 and is headquartered in Manhattan.
Today's price for AIG Insurance is $9.25 away from its 52-week high price of $56.36
Madison Square Garden Company (MSG) 📉Down 1.55% to $309.56
Madison Square Garden Company is a sports and entertainment company headquartered at Madison Square Garden in Midtown that was originally formed in 1923 to build the third version of Madison Square Garden located slightly north of the current stadium.
Today's price for Madison Square Garden Company is $20.44 off its 52-week high price of $330.00
Ralph Lauren Corporation (RL) 📉Down 3.34% to $128.22
Ralph Lauren Corporation is a fashion brand founded in New York in 1967 and has its headquarters and flagship store in Manhattan.
This price for Ralph Lauren Corporation is $19.57 away from its 52-week high price of $147.79