Stock market meltdown has to do with a lot more than just Facebook

Facebook was just one factor behind an ugly sell-off in stocks that took the Dow down 1.4 percent Monday.

The tech sector, which led the bounce back from February's lows, was leading on the downside Monday, with the Nasdaq down more than 1.8 percent.

The market was also focused on uncertainty from the White House on trade and personnel, but the bigger concern was that it could start a global trade war that would hurt the economy.

The market, jittery weeks ago over higher rates, virtually ignored the jump in yields Monday, but the Fed's meeting and its forecast for interest rates Wednesday could be the next catalyst.

https:// www.cnbc.com/2018/03/19/tech-stock-market-meltdown.html

Tech stock crashes 45% after CEO resigns

IT'S NOT JUST AMERICA

Shares in Micro Focus plummeted on Monday after the UK tech company warned of falling sales and said its CEO was leaving after six months on the job.

A dramatic stock decline of 45% wiped £4.4 billion ($6.3 billion) off the company's market value in London. Shares had crashed as much as 59% in early trading.

The firm said that it was struggling to integrate the software division of Hewlett-Packard Enterprise, which it purchased last year for $8.8 billion. It said the rocky transition had caused salespeople to quit.

http:// money.cnn.com/2018/03/19/investing/micro-focus-stock-drop-ceo-quits/index.html