Global equities find some footing after another slide in US tech stocks, led by a record fall in Tesla
- Date: 09-Sep-2020
- Source: Business Insider
- Sector:Financial Markets
- Country:Saudi Arabia
Global equities find some footing after another slide in US tech stocks, led by a record fall in Tesla
Traders work on the floor of the New York Stock Exchange shortly after the start of trading August 6, 2014.
REUTERS/Lucas Jackson
European and US equity futures rose on Wednesday as investors went bargain-hunting following a massive sell-off in Big Tech.Asian indices declined after the previous day's total wash-out saw tech favorites such as Apple, Amazon, Facebook, and Zoom slump over 4% and Tesla falling by a record 21%.In the UK, the pound fell 1.5% against the dollar to its weakest in six weeks. "As sterling nervously awaits the unveiling of Boris Johnson's international law-breaking UK Internal Market Bill, the FTSE continued to celebrate the currency's bout of Brexititis - a long-dormant condition that has recently seen a serious flare-up," a financial analyst at SpreadEx said.Visit Business Insider's homepage for
Select Sector 
Select Country 
