Markets

Dow plummets 632 points as tech-sector carnage spoils another day

US stocks sank on Tuesday as investors sold-off tech giants and bought safe-haven assets. The tech-heavy Nasdaq composite index dropped more than 4%, extending its loss to 11% in the period since Sept. 2. Tech giants including Apple,Microsoft, and Facebook led the decline, while Treasurys and the dollar gained. Investors […]
Dow plummets 632 points as tech-sector carnage spoils another day
Markets

US stocks tumble as sharp tech sell-off accelerates

US equities tumbled on Tuesday as investors continued dumping tech stocks and buying safe-haven assets. Tech giants including Apple,Microsoft, and Facebook dragged on major indexes, while Treasurys and the dollar gained. Investors also digested President Trump’s plan to end US’s reliance on Chinese exports. The statement threatens to reignite the […]
US stocks tumble as sharp tech sell-off accelerates
Markets

Amazon’s dropping as part of a broader tech sell-off

Amazon shares are diving as part of a broader tech sell-off on Tuesday. All three major US indices are down, after the US 10-year treasury yield hit 3%. Amazon shares are down more than 4% to an intraday low of $US1,448.64 a share Tuesday, as part of a broader tech […]
Amazon’s dropping as part of a broader tech sell-off