Wall Street: sharp sell-off in tech shares; Nasdaq opens 2.4% down

Dow Jones down 0.7% and S&P 500 down 1.6%

The sell-off in the technology sector, which began yesterday, intensified overnight, with global markets falling sharply due to the slump in memory chip-related shares, weighing on Wall Street’s opening. At the start of trading, the Dow Jones was down 362.37 points (-0.70%), the S&P 500 was down 119.65 points (-1.60%), the Nasdaq was down 628.92 points (-2.40%). WTI crude oil on the NYMEX fell by 0.69% to $73.35 per barrel.

AAA-Pca

The latest Radiocor videos