Twitter-Mania Does Little For Broader Markets As Dow Retreats Off Record Highs

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The euphoria following today's blockbuster Twitter ( TWTR ) IPO failed to generate interest in the broader market where all three indices closed the day in the red, the Dow off by more than 100 points. Stocks limped into the close, erasing early gains tied to a surprise cut in European interest rates on profit-taking off yesterday's record high and taper-friendly Q3 GDP. Technology shares were under water, especially social media stocks like Zynga ( ZNGA ) and LinkedIn ( LNKD ), pulling the tech-heavy Nasdaq to a four-week low.



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This article appears in: Investing , Commodities

Referenced Stocks: LNKD , ZNGA

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