Tech sell-off roils global markets

Published April 11, 2014 2:28pm ET



LONDON (AP) — Renewed weakness in the tech-heavy Nasdaq index in the U.S. roiled global markets Friday.

The Nasdaq index fell a further 0.6 percent to 4,029 after slumping 3 percent on Thursday — its worst day since 2011 — as tech and biotech stocks took another hammering after a two-day recovery. The Nasdaq has been the main driver of global markets since last Friday when concerns over the valuation of many of its constituent stocks first erupted.

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.


Tag:

World