GLOBAL MARKETS: Tech Selloff Drags Nasdaq Lower
AHMEDABAD, 25 AUGUST: Major US technology and semiconductor shares fell sharply yesterday, weighing on both the Nasdaq and the S&P 500. Investors reduced exposure to high-growth tech firms ahead of upcoming quarterly corporate reports and fresh inflation data, opting to rotate capital into more defensive asset classes. The S&P 500 fell 0.28%, and the Nasdaq…
