Wall Street slammed out of Big Tech by rotation; Nasdaq fell more than 2%

Wall Street’s main indices fell on Monday as investors pulled out of technology stocks on rising Treasury yields, while fresh US-China concerns over trade and Taiwan offered another reason for caution.

At 10:52 a.m., the Dow Jones Industrial Average was down 381.04 points, or 1.11%, at 33,945.42, the S&P 500 was down 62.28 points, or 1.43%, at 4,294.76, and the Nasdaq Composite was down 330.72 points, or 2.27. %, at 14,235.98.

This story has been published without modification in text from a wire agency feed. Only the title has been changed.

subscribe to mint newspaper

* Enter a valid email

* Thank you for subscribing to our newsletter!

Don’t miss a story! Stay connected and informed with Mint.
download
Our App Now!!

.

Leave a Reply