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Tech malaise weighs heavy on Wall Street March 8, 2021
Technology-related shares sold off on Monday in a big downturn that pushed the Nasdaq into corrective territory and offset stocks that rose on hopes the US$1.9 trillion Covid-19 relief bill will spur the US economy. The big technology stocks that have led Wall Street to scale successive peaks over the past year's rally fell with […]
Local shares in the red amid tech sell-off March 8, 2021
Hong Kong and mainland shares led declines in the region on Monday over fears Beijing would tighten policy to contain soaring valuations after setting an economic growth target that came in below consensus. The Hang Seng Index started the day strong, up more than 260 points, but reversed course soon after. It tumbled 676 points […]