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

Categories: English News

Related Posts

English News

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…

English News

Viewers stunned after Family Fortune contestant gives very naughty answer

Kash Popat, from Harrow, a contestant on ITV’s Family Fortunes, left everyone speechless after her answer to ‘something you put in you mouth but don’t swallow’ was bleeped on the family show. Via: Viewers stunned Read more…

English News

Allies say Boris Johnson 'WILL u-turn and provide more cash to feed poor children'

Boris Johnson insisted he was ‘very proud’ of the way the government had supported families during the pandemic, including handing tens of millions extra to councils and increasing universal credit. Via: Allies say Boris Johnson Read more…