Stocks take a breather after Thursday’s brutal tech-sell off drove Wall Street to its biggest drop in three months
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- Tech stocks take a breather on Friday after Thursday’s sell-off.
- European stocks turned green as investors digested the fall in the tech sector from record-highs
- Nasdaq 100 records biggest one-day drop since mid-March after Big Tech crash
- Gold prices and the US dollar are stable despite broader sweep lower on global equity markets
- Visit Business Insider’s homepage for more stories.
Technology stocks took a small breather after Thursday’s brutal sell-off, which pushed US stocks to their biggest one-day loss in losses in three months.
The STOXX Europe 600 technology index – which comprises the likes of German software firm SAP, Dutch semi-conductor supplier ASML – and was up 0.2% at 581.23.
Neil Wilson, chief market analyst at Markets.com, said: “European equities were dragged lower by the tech-induced sell-off on Wall Street yesterday but recovered in early trade on Friday morning. With sentiment rolling over