Tech sell-off hits Wall St as jobless claims remain elevated

WorldNews

Published

Wall Street's main indexes fell on Thursday after data showed high levels of weekly jobless claims, while technology-related stocks resumed their slide with Apple Inc and Amazon.com Inc among the biggest drags on the Nasdaq. Nine out of the 11 major S&P 500 sector indexes were lower, with technology stocks leading sectoral declines. "A lot of this is retail investing. Everybody's trying to book profits, but also trying not to spook...

Full Article