Signage is seen outside the entrance of the London Stock Exchange in London August 23, 2018. — Reuters pic
In initial trade, London’s benchmark FTSE 100 index dropped 0.2 per cent to 5,842.11 points, compared with the closing level yesterday. New York stocks had plunged yesterday in a massive correction after their summer-long record rally, with the tech sector nursing particularly steep losses amid worries over a bubble in prices.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street ends lower as Nasdaq rout persists | Malay MailNEW YORK, Sept 5 — The Nasdaq closed lower yesterday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery. The major indexes regained some ground in late...
Source: malaymail - 🏆 1. / 86 Read more »
Wall Street sinks as tech sell-off resumes | Malay MailNEW YORK, Sept 4 — Wall Street’s main indexes extended losses today after plunging in the previous session as technology stocks sold off again, overshadowing data showing a steeper-than-expected drop in the unemployment rate in August. The tech-heavy Nasdaq dropped 4 per cent as mega-cap...
Source: malaymail - 🏆 1. / 86 Read more »
Wall Street ends lower as Nasdaq rout persists | Malay MailNEW YORK, Sept 5 — The Nasdaq closed lower yesterday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery. The major indexes regained some ground in late...
Source: malaymail - 🏆 1. / 86 Read more »