Big Tech earnings showed digital ad revenue came roaring back


Wrapped up the month with the biggest weekly route in seven months. The Dow dropped 158 points more than half a percent and it's down more than 7% for the weak. The S and P fell 1.2% and is more than 6% lower for the weak. The NASDAQ was down nearly 2.5% and is nearly 6% lower for the week and oil was down 11% for the week. All this after the high flying tech industry was taken down a notch following earnings reports by the Big Five on Ly Google parent Alphabet finished the day in the green up nearly 4% thanks to a big jump in digital ad revenue. Shares of Facebook Amazon Apple lost between five and 6% and Twitter was beaten down 21%. Some positive economic news did not help the market. Americans boosted their spending in September for the fifth straight month. Spending on goods and services rose 1.4% in personal income was a 0.9% after a sharp drop in August. I'm Mona Rivera at Bloomberg for News radio 600 KOGO, With in

Coming up next