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Ticker

Tech giants plunge again, pushing market into red

Stocks skidded again Tuesday as weak results from retailers and mounting losses for big technology companies pushed the market back into the red for the year. Energy companies slumped following a 6.6 percent plunge in the price of oil.

Industrial companies and banks also fell. The S&P 500 index has fallen 9.9 percent from the record high it set exactly two months ago. The selling was widespread. Five stocks fell for every one that rose no the New York Stock Exchange.

Amazon HQ expansion means tough fight for talent

Companies fret about losing clients when Amazon launches a new business venture.

When the online retail behemoth moves into a new neighborhood, businesses worry about hanging on to their employees. Some of the industries that have defined New York City and the Washington, D.C., area will face increased competition for talent when Amazon sets up shop in their territory, with plans to hire 50,000 new workers amid the tightest job market in decades.

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