Tech stocks continue to pull back, dragging market lower

  • 📰 AP
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Big technology stocks open sharply lower on Wall Street, continuing a pullback that started last week. The deflation in high-flying tech stocks comes after an eye-popping rally this year for the sector that many market watchers said was overblown.

A man walks by an electronic stock board of a securities firm in Tokyo, Monday, Sept. 7, 2020. Asian stock markets were mixed Monday after Wall Street turned in its biggest weekly decline in more than two months.

Dow futures were down 0.2% and the S&P 500 futures 0.8% lower. In Europe, which had rallied on Monday, France’s CAC 40 fell 1.3% to 4,987, while Germany’s DAX was down 0.9% at 12,983. Britain’s FTSE 100 shed 0.2% to 5,924. “There was nothing ‘fundamental’ behind last week’s equity sell-off, but it will most certainly take a while to clear all the option-market after-shocks,” he said.

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:

 /  🏆 728. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

where's your tweets now, Donnie?

This is off topic but Why is the USembassy in the Philippines denying VISA for no reasons to qualified filipino nurses who have been vetted already by the USCIS , have spent already tons of money and waited for (the average) 10 years to come to the US?

Nasdaq hits 13000 before us thanksgiving. I betcha

People are reevaluating their position on the future, some companies are invested in the past (old money) and some are looking to the future (priceless time), InvestInHumanity InvestInSpaceX

Market adjustment 101, When Wallstreet doesn't match Mainstreet SHTF

Meanwhile in Chicago .......again

Down with Wall Street. They are criminals anyhow

Help save 2americans father and son age 12. We can supply you all the evidence. Some of its already on my twitter. Save them or they will end up dead like kashoggi. Falsely convicted. Help us now. American hating prosecutor to blame. Help help

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New York will test more corpses for COVID-19 and the flu - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The Coronavirus is killing all of the right people. Suddenly they want a Re-count. Wonder why. Numbers must be declining faster then they hoped. Next fear tactic!
Source: BusinessInsider - 🏆 729. / 51 Read more »