NEW YORK – Markets in the United States and Europe closed mostly in the red on a disappointing day for tech stocks, as investors brace for crucial US inflation data and grapple with ongoing concerns about the Chinese economy.
On Wall Street, the tech-rich Nasdaq plunged more than one percent as some recent optimism for big tech turned sour, while the Dow Jones Industrial Average and the S&P 500 also fell.
“It was just a kind of a generally weak session from the get-go,” Briefing.com‘s…
