Article 42SYV Global share markets tumble amid fears the rise of big tech is over

Global share markets tumble amid fears the rise of big tech is over

by
Reuters and staff
from Economics | The Guardian on (#42SYV)

Apple shares were down 5% after suppliers cut their forecasts, causing the tech-heavy Nasdaq and other tech stocks to fall

Stock markets in Asia have tumbled after a sharp selloff on Wall Street hit leading companies including Apple, Goldman Sachs and General Electric.

With Monday's losses, all three major Wall Street bourses erased the gains from their brief rally after the US congressional elections on 6 November.

The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!

Related: Populists like Trump exacerbate rather than cure corruption | Barry Eichengreen

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