Tech sell-off wipes nearly $1tn from Nasdaq in one week after weak earnings
AIThe Nasdaq lost nearly $1tn in value in one week as tech stocks sold off after disappointing earnings from leading tech companies. The S&P 500 fell more than 1% Friday and was on track to erase its October gain, while the Nasdaq composite dropped more than 3%.
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The Guardian · AI · Blake Montgomery and agencies · theguardian.comPublished · added here
Original title: Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports