Tech stock sell-off intensifies as markets await UK GDP report for August – business live
Rolling coverage of the latest economic and financial newsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The sell-off in chip stocks is deepening today, worrying investors as market await the latest UK GDP report.Further evidence of right-tail inflation risk in the US has reinforced the higher-for-longer rates narrative, with sellers emerging across…
Rolling coverage of the latest economic and financial newsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The sell-off in chip stocks is deepening today, worrying investors as market await the latest UK GDP report.Further evidence of right-tail inflation risk in the US has reinforced the higher-for-longer rates narrative, with sellers emerging across…