Nasdaq slides 3% as tech stocks weigh - Reuters.com


5/5/2022 12:00:00 AM2 years 11 months ago

The Nasdaq index tumbled over 3% on Thursday, dragged down by megacap growth stocks and on track to erase most of the gains recorded in the previous session's rally after the Federal Reserve's less aggressive tone.

May 5 (Reuters) - The Nasdaq index tumbled over 3% on Thursday, dragged down by megacap growth stocks and on track to erase most of the gains recorded in the previous session's rally after the Federa… [+465 chars]

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