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US stock market slides as tech shares tumble – as it happened


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US stock market slides as tech shares tumble...



US stock market is suffering its worst day since June, as Apple and Tesla lead stock markets into the red

  • MARKET CLOSE: Biggest Dow Jones fall since June
  • Full story: Tech stocks lead rout
  • Summary: Technology selloff sparks rout
  • US jobless claims fall, but still very high

Earlier:

  • Full story: Costa coffee cuts UK jobs
  • Paris unveils economic stimulus plan
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The New York Stock Exchange (NYSE) at Wall Street.
Photograph: Angela Weiss/AFP/Getty Images

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US stock market is suffering its worst day since June, as Apple and Tesla lead stock markets into the red

Earlier:

US traders can now catch their collectives breath after the choppiest trading session in several weeks.

It wasn’t as dramatic as the massive selloffs back in February and March (which still give me the shivers), but certainly a volatile day.

Related: Coronavirus live news: Robert Pattinson ‘tests positive for Covid-19, halting Batman production’

Today’s losses mean the Dow is slightly negative for 2020, while the tech-heavy Nasdaq Composite index is still up 27% since January.

Continue reading…

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