Business
ASX 200 tech shares under pressure after Nasdaq selloff – The Motley Fool Australia
The Nasdaq experienced a 1.8% selloff on Tuesday. This appears to be spelling trouble for ASX 200 tech shares like Afterpay (ASX: APT).
The Nasdaq found itself in deep waters on Tuesday as steep declines in mega cap shares pushed the index as much as 3% lower.
Bouncing off intraday lows, the index managed to close 1.88% down for the day. However, the negative sentiment has carried over to ASX 200 tech shares today.
Why ASX 200 tech shares are coming under pressure
High profile United States tech companies including Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), and Alphabet Inc (NASDAQ: GOOGL)(NASDAQ:…
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