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Telecomunicaciones y tecnología

Dow, S&P down more than 1 percent as Nasdaq flat


    NEW YORK (Reuters) - The Nasdaq briefly turned positive on Monday, while the S&P 500 and the Dow industrials pared losses after German business software maker SAP AG offered reassuring comments about the economy's outlook.

    SAP CEO expects "glimmers of hope" for global economy.

    Shares of SAP rival Oracle, up more than 2 percent, were among the top boosts to the Nasdaq

    The Dow Jones industrial average dropped 106.33 points, or 1.24 percent, to 8,468.32. The Standard & Poor's 500 Index fell 12.97 points, or 1.40 percent, to 916.26. The Nasdaq Composite Index shed 0.68 points, or 0.04 percent, to 1,738.32.

    (Reporting by Rodrigo Campos)