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Nasdaq slides again as global tech sell-off bites

Tech-heavy Nasdaq fell almost 1.5% as Apple took another near 4% drubbing

Reuters  |  London 

A global sell-off in technology stocks gathered momentum on Monday, with Apple and other Silicon Valley heavyweights sliding for a second session after the falls spread to Europe and Asia. The euro and its bonds rallied after pro-European parties scored in French and Italian elections over the weekend and as the stocks jitters raised a fresh set of questions for the Federal Reserve ahead of its policy meeting this week. The tech-heavy Nasdaq fell almost 1.5 per cent as Apple took another near four per cent drubbing. Google parent Alphabet, Facebook and Microsoft dropped 2-2.5 per ...

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First Published: Mon, June 12 2017. 23:27 IST