Investing
Nasdaq hits two-week low in megacap tech, chip stocks rout By Reuters
(Reuters) – Wall Street tumbled at the open on Wednesday, with the Nasdaq slumping over 1% as declines in major chip and tech stocks led broad-based losses amid a bevy of corporate results and the prospect of fresh U.S. trade curbs on Chinese chips.
The fell 91.91 points, or 0.22%, at the open to 40,862.57. The opened lower by 57.13 points, or 1.01%, at 5,610.07, while the dropped 321.15 points, or 1.74%, to 18,188.19 at the opening bell.
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