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The s&p closed about 1%. Us tech stocks apple inc. Many of the most valuable companies in the world are technology companies.
Stocks also got a lift after senate.
The nasdaq spiked by a staggering 3.9 per cent wednesday (us local time), giving the index that's home to amazon, alphabet, facebook and microsoft on track for its best day in nearly seven months. This was partly driven by investors and traders unwinding. Why us tech stocks are losing steam, and how it will impact the indian market the sharp decline in technology stocks, that include some of the biggest companies in world, had a ripple effect on global markets too and has kept the markets in asia and europe under stress over the last week. The nasdaq spiked by a staggering 3.9 per cent wednesday (us local time), giving the index that's home to amazon, alphabet, facebook and microsoft on track for its best day in nearly seven months.