Tech sell-off drives US markets down by nearly $1tn after subpar earnings
Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports. Large tech companies' earnings disappointments are driving US markets down by nearly $1tn, with the Nasdaq losing more than $1tn in value, while the S&P 500 fell by more than 1%, erasing its gains for October.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 30 Oct 2026, 18:27 UTC · Updated 30 Oct 2026, 18:56 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
Trending
- Dramatic footage shows Singapore Airlines passenger plane abandoning Perth Airport landing in
- MKR’s Angus and Simon reveal biggest regret after taking on gatecrashers
- Suspended Powerhouse CEO denies wrongdoing as 14 disclosures revealed
- Kangaroos star Jack Bostock’s future ‘not set in stone’ as big contract
- Car crash in Mona Vale causes thousands of homes to lose power
- My teammates stood naked, surrounding two women. I didn’t know what to