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Wall Street crash: Nasdaq drops more than 3.5 percent - Walla! Business

2020-09-08T13:42:20.493Z


The trend that began last week continues after Labor Day, with a brutal drop in the leading tech stocks. Tesla drops 15 percent, Amazon and Apple close to 5 percent, Nasdaq dives more than 3 percent


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Wall Street Crash: Nasdaq drops more than 3.5 percent

The trend that began last week continues after Labor Day, with a brutal drop in the leading tech stocks.

Tesla drops 15 percent, Amazon and Apple close to 5 percent, Nasdaq dives more than 3 percent

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  • Tesla

Walla!

Business

Tuesday, 08 September 2020, 16:31 Updated: 16:35

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Merchants on Wall Street had hoped for a post-repair repair, but they would probably have to wait quite a bit.

If last week a negative trend began to develop in technology stocks, then today (Tuesday) it strengthened after returning from a Labor Day vacation.

At the start of the trading day, NASDAQ fell more than 3.5 percent.

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Tesla CEO Elon Musk (Photo: Gettyimages)

Major stocks are down sharply.

Amazon started with a decrease of about 5 percent, Apple with 4.5, Google with 3.5 and Facebook with 4 percent.

Increases to make Tesla stock, whose extreme volatility this time works against it.

At the opening of trading, it fell by 15 percent.



Since the beginning of the day, there have also been sharp declines in the indices in Tel Aviv, with the Tel Aviv 125 index falling by more than 2 percent and the Tel Aviv real estate index by 1.67 percent.



Further updates below.

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Source: walla

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