NewsFeeder
Headline News
- Reaction score
- 3
[$$] Markets dragged lower by Apple and chipmakers
The tech-heavy Nasdaq Composite closed down more than 3 per cent while the market benchmark S&P 500 fell 1.6 per cent, in a day of almost relentless selling that carried over into Asia trading on Tuesday, where chipmakers and Apple suppliers were hit hardest. Fresh worries about disappointing sales for Apple’s iPhone and concerns that the latest controversy at Facebook could lead to more tech industry regulation added to the nervousness. European technology stocks joined the sell-off on Tuesday, with the Stoxx index tracking the sector down 1.2 per cent in opening trade, to its lowest level since February 2017.
https://finance.yahoo.com/m/e9ab9f9.../[$$]-markets-dragged-lower-by.html?.tsrc=rss
The tech-heavy Nasdaq Composite closed down more than 3 per cent while the market benchmark S&P 500 fell 1.6 per cent, in a day of almost relentless selling that carried over into Asia trading on Tuesday, where chipmakers and Apple suppliers were hit hardest. Fresh worries about disappointing sales for Apple’s iPhone and concerns that the latest controversy at Facebook could lead to more tech industry regulation added to the nervousness. European technology stocks joined the sell-off on Tuesday, with the Stoxx index tracking the sector down 1.2 per cent in opening trade, to its lowest level since February 2017.
https://finance.yahoo.com/m/e9ab9f9.../[$$]-markets-dragged-lower-by.html?.tsrc=rss
