Stocks Fall Sharply On Wall Street Selloff
U S stocks declined sharply on Monday with the Dow dropping over 400 points before a late rally trimmed losses. Tech shares led the slide while the Nasdaq neared bear-market territory, as fears of a global slowdown and oil volatility spurred investor risk-off behavior.
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Chipotle Closes U S Stores for Food Safety Meeting
Los Angeles report notes Chipotle Mexican Grill Inc. shut all U S locations for part of Monday so staff could attend a companywide meeting on food safety changes. Reopenings were planned for 3 p m local time. The chain faced E coli linked outbreaks and closures in Washington and Oregon last November.
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Twitter Shares Fall Amid Negative Outlook Ahead of Earnings
Twitter stock dropped to 14.87 dollars, the lowest since its 2013 IPO, closing at 14.89 amid a yearlong slide of over 67 percent in market value. Investors blamed weekend reports of a non chronological timeline change as users flooded social feeds with RIPTwitter posts. Chief Executive Jack Dorsey faced rising scrutiny as the decline unfolded.
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Audi Team Up With Star Man In Super Bowl Ad Magic
Audi shows a somber astronaut regaining joy via a ride in an Audi with his son set to David Bowie’s Star Man. Viewers at a New York bar and analysts note the emotional pull and balance of sentiment with performance cred. Axe pivots to a mature cheeky message urging teens to Find Your Magic.
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