The Commercial Appeal

BUSINESS BRIEFS

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Technology stocks led the way downward on Wall Street as traders braced for more tariffs to be announced on China. Apple lost 2.7 percent Monday, Netflix slumped 3.9 percent and Twitter gave up 4.2 percent. Most stocks closed lower on the New York Stock Exchange. Safe-play sectors like real estate and utilities rose.

The S&P 500 index fell 16 points, or 0.6 percent, to 2,888. The Dow Jones Industrial Average lost 92 points, or 0.4 percent, to 26,062. The Nasdaq composite slid 114 points, or 1.4 percent, to 7,895. The yield on the 10-year Treasury note held steady at 2.99 percent.

DowDuPont names leaders for Corteva Agriscienc­e, DuPont

DowDuPont has named the chief executives who will lead its agricultur­e and specialty products businesses once they’re split off from the company. The chemical giants Dow and DuPont merged last year in a deal valued at close to $70 billion, with plans to then split into three distinct companies.

The company said Monday that James Collins, chief operating officer at DowDuPont’s agricultur­e unit, will lead Corteva Agriscienc­e. Marc Doyle, COO for the specialty products division, will become CEO of DuPont. Both companies will be based in Wilmington, Delaware. Ed Breen, CEO of DuPont, will become executive chairman after the separation. Jim Fitterling has been picked to lead Dow, the materials science division, based in Midland, Michigan.

New euro notes feature improved anti-counterfei­t holograms

New versions of the 100- and 200-euro banknotes have updated anticounte­rfeiting features and are in a slimmer size that should make them easier to fit into wallets and purses.

The new notes, shown off Monday by the European Central Bank, are now the same width as the 50-euro note so they will be less likely to stick out and become worn.

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