US STOCKS-Wall St slides for third straight session; big tech drags

lunes 13 de junio de 2016 16:22 GYT

* Microsoft falls after announcing LinkedIn purchase

* Apple shares down during developers conference

* Fed meets on Tuesday and Wednesday; Brexit vote looms

* Indexes down: Dow 0.74 pct, S&P 0.81 pct, Nasdaq 0.94 pct (Updates with close of U.S. market)

By Lewis Krauskopf

June 13 (Reuters) - Wall Street stumbled for a third straight session on Monday as tech stalwarts Microsoft and Apple dragged on indexes and investors braced for major economic and political events in the United States and Europe.

Microsoft fell 2.6 percent after announcing it would buy online networking company LinkedIn for $26.2 billion in its biggest-ever deal. LinkedIn shares jumped 46.6 percent.

Apple shares fell 1.5 percent as the iPhone maker held its developers conference in San Francisco. Adding to the pressure from the tech sector, Facebook shares dropped 2.3 percent after CNBC said Citron Research was shorting the stock.

The Dow Jones industrial average closed down 132.86 points, or 0.74 percent, to 17,732.48, the S&P 500 lost 17.01 points, or 0.81 percent, to 2,079.06 and the Nasdaq Composite dropped 46.11 points, or 0.94 percent, to 4,848.44.   Continuación...