The Dow Jones Industrial Average sharp drop in Monday afternoon trade has helped to erase its year-to-date gain, pushing the blue-chip indicator negative for 2018. The Dow was recently off about 320 points, or 1.3%, at 24,627, for a decline in the first three months of the year of about 0.4%. Any close above 24,719.22, the average’s close for 2017, according to FactSet data, would push it into positive territory. The S&P 500 index, meanwhile, was off 1.5% at 2,710, while the Nasdaq Composite Index was 2.1% lower at 7,320. All three benchmarks were being weighed by selling in technology shares, amid a data scandal tied to how Facebook Inc. has managed user information during the 2016 presidential campaign and election. The S&P 500 and the Nasdaq are both positive for the year, with the S&P 500 up 1.4% so far this year and the Nasdaq boasting a return of 6.1%.
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