The sell-off for tech stocks worsens and overwhelms Wall Street

Korea Times News ·
Economy Markets United States
South Korea

NEW YORK — A sell-off for tech stocks is barreling into Friday and forcing the U.S. market down again, with Intel and Amazon helping to lead the way this time. The S&P 500 fell 1.6 percent and was on track to erase its gain for October, even though it set its all-time high during the month. The weakness for technology stocks dragged the Nasdaq composite down 2.5 percent, as of 11:48 a.m. Eastern…

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