The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Pull-back in US tech stocks spooks Asian markets

Angela Tan

Angela Tan

Published Fri, Sep 4, 2020 · 09:50 PM
Share this article.

ASIAN stocks struggled on Friday, after US equities tumbled by the most in almost three months, as nervous investors took profit on tech stocks amid concerns over their lofty valuations.

In New York, the S&P 500 broke a 10-day winning streak and fell 3.5 per cent on Thursday.

The tech-heavy Nasdaq Composite collapsed by nearly 5.0 per cent and the Dow Jones Industrial …

SEE ALSO
Israel hits back, markets react; STI down 0.4%
GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

VIEW ALL

KEYWORDS IN THIS ARTICLE

SGX

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here