Bubble 2.0: Tech Sector Worries Wall Street
Via MSNBC.
Wall Street followed global markets lower Wednesday, dragged down by the technology sector, after a chaotic trading session in Japan compounded gloom in the United States over earnings reports from high-tech bellwethers Intel and Yahoo.
A stampede of sell orders forced the shut-down of the Tokyo Stock Exchange Wednesday, the world’s second biggest, as investors fled the Tokyo market, spooked by fall-out from an ongoing investigation into Internet company Livedoor.
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