Markets Right Now: Tech and health care stocks stumble

US stocks slip away from record highs as technology and health care companies sink, with prescription drug distributors taking some of the biggest losses



NEW YORK (AP) — The latest on developments in financial markets (All times local):

9:35 a.m.

U.S. stocks are slipping, with technology and health care companies taking some of the biggest losses.

Prescription drug distributor AmerisourceBergen dropped 3.1 percent Thursday and McKesson fell 2.8 percent.

Facebook gave up 1.3 percent. Chipmaker Lattice Semiconductor fell 2.7 percent after the U.S. government blocked a Chinese government-financed firm from buying it, citing national security grounds.

Energy companies rose as the price of U.S. crude oil rose to $50 for the first time in a month.

Stock indexes closed at record highs the last two days.

The Standard & Poor’s 500 index sank 6 points, or 0.3 percent, to 2,491.

The Dow Jones industrial average shed 12 points, or 0.1 percent, to 22,145. The Nasdaq composite tumbled 33 points, or 0.5 percent, to 6,426.

First Published September 14, 2017 12:00 AM

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