Asian stocks fall on Wall Street tech losses

Published April 7, 2014 3:19am ET



HONG KONG (AP) — Asian stocks started the week lower, tracking losses on Wall Street where investors knocked down internet and technology stocks over worries about valuations.

Internet economy mainstays such as Google and Netflix that have surged over the past year were hammered on Friday as investors had a change of heart and decided prices were too high. The technology-heavy Nasdaq had its biggest one-day drop since February.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.