SAN FRANCISCO (MarketWatch) -- Shares of Facebook (FB), Yahoo (YHOO) and Netflix (NFLX) were among the hardest hit in the tech sector on Tuesday afternoon, as the government shutdown dragged into its second week with no end in site -- . By early afternoon, Facebook shares were off 6.3% to $47.33 while Netflix was off by 5.5% and Yahoo was down 5.5%. Those three have been among the strongest performers in the tech sector this year; Netflix shares were up nearly 225% from the first of the year, while Facebook is up more than 77% and Yahoo has surged by 62%. The tech-heavy Nasdaq Composite, by comparison, is up about 22% for the year to date. The Nasdaq was off about 1.8% to 3,702 by early afternoon on Tuesday, with the Dow shedding more than 100 points.
-Dan Gallagher; 415-439-6400; AskNewswires@dowjones.com
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(END) Dow Jones Newswires
10-08-13 1449ETCopyright (c) 2013 Dow Jones & Company, Inc.
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