Nasdaq has its worst month since 2008 as tech stocks sink

  • 📰 latimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 82%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

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

Let’s go Brandon!!💯👍🏽🇺🇸

That is generally how it works…

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:

 /  🏆 11. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Stocks end mixed after another wobbly day on Wall StreetStocks on Wall Street managed only meager gains Wednesday, after a broad rally led by technology companies faded by late afternoon, leaving the market little changed a day after a big sell-off.
Source: latimes - 🏆 11. / 82 Read more »

Stocks rally on Wall Street as technology giants reboundMajor stock indexes on Wall Street notched their biggest gains in more than six weeks Thursday, as technology companies clawed back some of the ground they had recently lost.
Source: latimes - 🏆 11. / 82 Read more »

Tech stocks sink again, Nasdaq has worst month since 2008More steep losses for technology stocks pushed the S&P 500 down 3.6% on Wall Street Friday
Source: WOKVNews - 🏆 247. / 63 Read more »

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.
Source: ActionNewsJax - 🏆 436. / 53 Read more »

Tech stocks sink again, Nasdaq has worst month since 2008The Dow Jones Industrial Average slumped more than 900 points Friday as another sharp sell-off led by technology added to Wall Street's losses in April, leaving the S&P 500's with its biggest monthly skid since the start of the pandemic.
Source: AP - 🏆 728. / 51 Read more »

Tech stocks sink; Nasdaq has worst month since 2008Another sharp sell-off led by tech added to Wall Street losses in April, leaving the S&P 500 with its biggest monthly skid since the pandemic's start.
Source: TucsonStar - 🏆 339. / 59 Read more »