Traders work on the floor of the at the New York Stock Exchange on Wall Street; one speaks into a telephone while he and his colleague stare at computer screens displaying graphs of stock prices, from which hang red MAGA caps
The Nasdaq tumbled into ‘correction territory’ on Thursday, with chip stocks leading the slump; memory maker SanDisk fell by 19%, while hard drive maker Western Digital sustained a 16.5% drop. Photograph: John Angelillo/UPI/Shutterstock
The Nasdaq tumbled into ‘correction territory’ on Thursday, with chip stocks leading the slump; memory maker SanDisk fell by 19%, while hard drive maker Western Digital sustained a 16.5% drop. Photograph: John Angelillo/UPI/Shutterstock
Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses