S&P 500 flat as losses in industrials offset gains in Facebook, Microsoft

Shares of the Post-it notes maker tumbled 12%, on track to post their biggest percentage decline in over three decades, after the company cut its 2019 earnings forecast and said it would lay off 2,000 workers.Industrial stocks fell 1.6%, also dragged down by United Parcel Service Inc, Raytheon Co and Fedex Corp, all down after disappointing results.On the other hand, Facebook Inc rose 6% and Microsoft Corp 3.5% after the technology heavyweights reported better-than-expected results.