Business
ASX set to rise despite tech giants weighing on Wall Street – Sydney Morning Herald
Wall Street ended mixed as slumps in several Big Tech companies offset gains in many other parts of the market.
Wall Street ended mixed as slumps in several Big Tech companies offset gains in many other parts of the market.
Because of their huge size, the drops in Apple, Googles parent company and other major technology stocks pulled the S&P 500 to a loss of 0.5 per cent on Monday (US time) even though more stocks rose than fell in the index. The tech-heavy Nasdaq dropped 2.4 per cent, while the Dow Jones Industrial Average rose 1 per cent.
Wall Street has kicked off the week with strong gains.Credit:AP
The…
-
General17 hours agoUber driver says rideshare app tells workers to flout road rules as bill introduced
-
General13 hours agoPerson in potentially life-threatening condition after wall collapses in Brisbane’s West End
-
Noosa News9 hours agoPolice appealing for information about ‘suspicious’ Brisbane charity fire that killed 44-year-old man
-
Noosa News5 hours agoOne dead and crime scene declared after house fire in Redland Bay, south of Brisbane