Wall Street Dragged Down by Amazon, Tech Weakness

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Wall Street Dragged Down by Amazon, Tech Weakness

(Reuters) – A dreadful week for technology stocks worsened on Monday as Amazon and Tesla shares fell further, setting a grim tone for markets already worried about China's decision to raise import tariffs on U.S. products.
Amazon dropped as much as 3 percent after President Donald Trump launched his latest attack over the pricing of the world's biggest online retailer's deliveries through the U.S. postal system and promised unspecified changes.
The stock was the biggest drag on the S&P 500 and the Nasdaq and weighed the most on the S&P consumer discretionary index, which fell 1.32 percent.
The Facebook data scandal, self-driving car crashes and Trump's intervention against Amazon pushed the S&P technology sector to post its worst monthly losses in nearly two years in March.


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Afghan Military Strike Kills at Least 70 at Mosque

Afghan Military Strike Kills at Least 70 at Mosque Photo A man wounded by a military strike at a mosque in Kunduz, Afghanistan, received treatment at a hospital on Monday. Credit Bashir Khan Safi/Agence France-Presse — Getty Images KABUL, Afghanistan — Afghan military helicopters bombed a religious gathering in the northern province of Kunduz on Monday, killing at least 70 people and wounding 30 others, according to a local official in the area.
The official, Nasruddin Saadi, district governor of Dasht-e-Archi, said that the helicopters attacked a religious ceremony for which about 1,000 people had assembled in a mosque and surrounding fields around noon.
Witnesses reached by telephone said that the mosque was also a madrasa, or religious school, and that members of the Taliban had been present at the assembly, which had been organized to recognize graduates, appoint mullahs and elevate junior mullahs.
Mr. Saadi also said that the event was religious in nature and that the security for..