Markets retreat after tech losses hobble Wall St
Hong Kong (AFP) June 21, 2024
Asian and European markets mostly fell Friday following a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking, while traders are on intervention watch as the yen retreats towards a three-decade low. A batch of worse-than-forecast US data provided further signs that the world's number one economy was softening, but that was not enough to help push the S&P
Asian and European markets mostly fell Friday following a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking, while traders are on intervention watch as the yen retreats towards a three-decade low. A batch of worse-than-forecast US data provided further signs that the world's number one economy was softening, but that was not enough to help push the S&P