Stocks were slightly lower in early trading as investors booked some of the profits made this week

Taiwan News
Date: 2016-09-23
By: KEN SWEET, Associated Press

NEW YORK (AP) — Stocks were slightly lower in early trading Friday, as investors booked some of the profits made this week. Technology stocks were trading heavily, particularly Facebook, Yahoo and Twitter.

KEEPING SCORE: The Dow Jones industrial average fell 36 points, or 0.2 percent, to 18,355 as of 9:45 a.m. Eastern. The Standard & Poor’s 500 index fell six points, or 0.3 percent, to 2,171 and the Nasdaq composite fell 14 points, or 0.3 percent, to 5,326.

AD MAN: Facebook shares fell $2.17, or 2 percent, to $127.92 after The Wall Street Journal reported that Facebook was overstating the length of how long its users were watching its video ads, raising concerns that a portion of Facebook’s ad revenue may be at risk.     [FULL  STORY]