The Dow Jones Industrial Average ends the day in the red; Apple, Tesla are among Bay Area companies to see their shares lose ground.
Investors were in a negative mood Thursday, as many of the Bay Area’s biggest names finished the day in the red and the blue chip Dow Jones Industrial Average posted its first loss in nearly two weeks.
The Dow fell by 0.2 percent to close at 22,359.23 as investors showed some concerns about the likelihood that the Federal Reserve could raise interest rates later this year .
Along with the Dow the tech-focused Nasdaq Composite Index gave up 0.5 percent to end the day at 6,422.69, and the boad-based Standard & Poor’s 500 Index slipped by 0.3 percent to finish at 2,500.60.
Among area stocks, Apple fell 1.7 percent, to $153.39; Tesla shares gave up 2 percent to close at $366.48; Advanced Micro Devices gave up 2.4 percent to end the day at $13.41 and Nvidia shares pulled back by 2.7 percent, to close at $180.76.
Netflix shares were among the few to put in a respectable gain, rising 1.7 percent, to $188.78, while GoPro rose 2.6 percent, to close at $10.94 a share.