The Age
·general
·1 hour ago
Wall Street falls as tech stocks slump and oil prices surge sharply
Wall Street fell Tuesday as technology stocks slumped and oil prices surged, with the S&P 500 dropping 0.4 percent from its record high. The Nasdaq composite declined 1.2 percent, while chip stocks including Intel fell 8.6 percent. Australia's sharemarket is set to slip 0.2 percent at open. Brent crude climbed 3.6 percent to $107.97 as Iran tensions persist.
Summary by Glance · The Age
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