Rolling coverage of the latest economic and financial news, as no-deal fears hit sterling and tech stocks drop againLatest: Nasdaq down over 3% as tech stocks fall againPound down 1% against US dollar at $1.304Brexit jitters hit sterlingFull story: Leaked EU cables reveal growing mistrust of UKIntroduction: German exports pick up 3.02pm BST CORRECTION: The Nasdaq is at its lowest level in three weeks, not months as I daftly wrote a few minutes ago. Sorry for that typo (now fixed below, if you refresh). 2.52pm BST Tesla’s stock has slumped by 18% at the start of trading, adding to last week’s slump.Investors are unhappy that the self-driving electric carmaker has not been added to the S&P 500 (with Etsy, seller of homemade items and craft supplies favoured instead).Also .. @Tesla shares are down sharply in pre-market, the first day of trading after missing out on inclusion in the S&P 500 Index. Etsy, Teradyne and Catalent were all added. Continue reading…
Via: Pound hit by rising Brexit worries; Tesla slumps amid tech rout – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…