The Trader 

Market Outlook: US tech stocks stumble

The Trader

Tech darlings, many of which have driven US indices higher over the last year, suddenly got cold feet.  Facebook first, now Tesla too – hitting the lowest price in almost a year – on a downgrade from Moody’s, Alphabet and Amazon off by 4 per cent, Netflix 6, Twitter a massive 12 per cent lower on expectations of further regulation on its social media platform.

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