Nasdaq has its worst month since 2008 as tech stocks sink

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Stocks fall on Wall Street, sinking indexes for the week

Tall cans of AriZona iced tea have cost 99 cents since 1992. The family behind the company says it’s committed to that price even as the prices of aluminum and corn syrup climb higher.

has only added to inflation worries as it drives price increases for oil, natural gas, wheat and corn. compared with a year ago, the highest 12-month jump in four decades and further evidence that surging prices are pressuring household budgets and the health of the economy. Persistently high inflation has prompted central banks to raise interest rates to temper the effects on businesses and consumers.

 

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Tech stocks sink again, Nasdaq has worst month since 2008The Nasdaq composite, heavily weighted with technology stocks, bore the brunt of the damage this month, ending April with a 13.3% loss, its biggest monthly decline since the 2008 financial crisis.
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