Tag: tech selloff
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Japan’s Nikkei slides into correction zone on tech selloff, Middle East conflict
TOKYO, July 17 : Japan’s Nikkei tumbled into correction territory on Friday, as a global rout in chipmakers and an escalation in the Middle East conflict prompted investors to shun risk assets.The benchmark Nikkei 225 sank 4.03 per cent to close lower at 64,141.12, after falling as much as 6.18 per cent. The
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Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
June 23 : The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, while Elon Musk’s SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut.SpaceX, which is expected to join the Nasdaq 100,…
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