Tech-focused Nasdaq retreats 3.6% and S&P 500 also down in wake of lacklustre results from big-tech companies
Wall Street suffered its worst day of trading in 19 months as disappointment around earnings from Tesla and Google challenged the recent big-tech rally.
The benchmark S&P 500 index dropped 2.3% as a sell-off triggered its biggest single-day fall since December 2022.
More Stories
Ripe for the picking? Irish wine on the up – but ‘nobody will retire rich’
Bezos’s Blue Origin schedules, then delays first orbital launch
Meta has ‘heard the message’ from Trump, says whistleblower Frances Haugen