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Markets fall as year of great expectations begins

The S&P 500 was 2.1% lower in afternoon trading, after earlier flipping from small gains to losses. The Dow Jones Industrial Average also fell from its record set last week and was down 621 points, or 2%, at 29,985. The Nasdaq composite was 2.2% lower, as of 9:27 p.m. Pacific time.

Slack outage ties up first business day of 2021 for many

Slack, the messaging service used by millions of people for work and school, suffered a global outage on Monday, the first day back for most people returning from the New Year’s holiday.

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