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ASX news: Nasdaq tumbles as Tesla, Apple, Facebook are sold off – NEWS.com.au
ASX news: Nasdaq tumbles as Tesla, Apple, Facebook are sold off
A huge hit on Wall Street overnight after a massive sell-off of tech stocks in the past three days is expected to impact on the Australian sharemarket today.Facebook, Amazon, Apple, Microsoft, Tesla, Netflix and Google’s parent company Alphabet all dropped dramatically – with Tesla taking a massive hit of more than 21 per cent.
This is the worst trading day seen for the electric vehicle carmaker since March, spurred on after the stock was unexpectedly excluded from the S&P 500 index this ye…
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