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The Nasdaq remains as market collapse collapse in the afternoon trade



The Dow Jones Industrial Average and the S & P 500 trended lower on Tuesday afternoon after spending part of the day in positive territory.

The Dow Jones Industrial Average fell 52 points, or 0.21%. At the beginning of the session, it was negotiated above its maximum closing record of 24,290. The Dow had seen recent strength as the GOP's tax reconditioning efforts remained the key story.

Walt Disney Co. (DIS) was the furthest behind in the Dow, down 2.3%, after CNBC reported that the media group was getting close to an agreement that would see it buy some of the assets of Twenty-First Century Fox Inc. (FOXA).

McDonald's Corp. (MCD) was the Dow's main advance, up 1

.4% after Jefferies analysts pushed its target price in the world's largest restaurant group to $ 200. from $ 150.

The shares of Snap Inc. (SNAP), which were among the first to move in premarket operations, gained 10.4% after raising two investment banks. recommendations in the social networking application as it goes head to head with Facebook Inc. (FB) in the youth messaging market.

AT & T Inc. (T) announced that its DirectTV Now direct transmission service has exceeded 1 million subscribers about a year after the launch of the service to combat the growing wave of cord cutters that come out of the plans traditional pay television. Shares fell 1% as telecoms stocks were delayed on Tuesday.

The shares of luxury construction giant Toll Brothers Inc. (TOL) fell more than 7% on Tuesday after the company not only failed to meet its quarterly profit mark , but also wait for your adjusted gross margin for the whole year reduce. There is also the possibility that Toll Brothers could face long-term problems due to the tax reform bill of the Republican Party that is making its way into Congress.

The iShares US Construction (ITB) ETF fell 1.3% on Tuesday afternoon.


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