• US stocks suffer worst loss in 8 months amid rising interest rates, tech hit hardest

    2 monthes ago - By RT

    US stock exchanges recorded biggest losses in 8 months as rising interest rates made investors flee risky stocks. The S&P, Dow Jones and Nasdaq plunged between 3 and 4 percent. Technology shares were among the worst affected.
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  • Vacancy Rate Takes A Dip In Houston Office Market

    2 monthes ago - By Forbes

    A small drop in Houston's office vacancy rate took hold in Q3 after 14 consecutive quarters of rising, a JLL report finds.
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  • Tech stocks are tanking thanks to rising interest rates

    Tech stocks are tanking thanks to rising interest rates

    2 monthes ago - By Tech Crunch

    Tech stocks tanked today amid a broader stock market slide as nervous investors worried that the ten year bull run in public stocks may be coming to an end.
    The S&P 500 dropped 3.3 percent while Nasdaq composite index (which is the market where many of the largest U.S. tech companies are traded) lost 4% of its value, falling 315.97 points. The net result is that the hand of the market is crushing stocks and high growth technology companies are bearing the brunt of the beating.
    A few points drove the selling including rising inflation and interest rates as well as a move by the Fed to...
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  • Tech Stocks From Apple to Amazon Got Crushed Today. Here's Why

    2 monthes ago - By Fortune

    Rising interest rates spooked investors on Wednesday, who fled from the stock market, concerned about the prospects of a major slowdown in economic growth and corporate profits. Tech stocks were hit particularly hard.
    While the Standard & Poor's 500 Index dropped over 3%, most major tech names lost even more. Apple aapl fell 4%, Google parent Alphabet googl lost 5%, and Amazon amzn dropped 6%. Last month, the e-commerce giant was only the second U.S. public company ever, after Apple , to exceed $1 trillion in stock market value but it has sold off and dropped below that level. At...
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  • Global stocks slide to three-month low on tech stocks plunge, rising U.S. interest rates

    2 monthes ago - By Reuters

    Stocks on major world markets slid to a three-month low on Wednesday, with the benchmark S&P500 stock index falling more than 3.0 percent, its biggest one-day fall since February.
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  • Stocks suffer worst loss in 8 months as rising interest rates pull investors out of the market; tech stocks hit hardest

    2 monthes ago - By Chron

    NEW YORK - Stocks suffer worst loss in 8 months as rising interest rates pull investors out of the market; tech stocks hit hardest.
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  • U.S. markets drop sharply as investors are spooked by rising rates

    2 monthes ago - By Washington Post

    The tech sector was hit hardest, with Amazon, Apple, Facebook and Netflix all in the red.
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