new York The bad news from Wall Street continues. Led by very weak technology stocks, the US stock markets slipped significantly into the red on Tuesday. The technology index Nasdaq lost almost four percent and thus reached a new low for the current year.
The reason for the renewed sell-off was, among other things, the nervousness of investors before the quarterly figures of some of the world’s largest technology groups were due to be published after the stock market closed. In addition, persistent fears of inflation, the rigid Covid-19 policy in China and the ongoing war in Ukraine weighed on the prices.
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