Nasdaq Composite falls 2.7%, heading for biggest drop since 2012
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Nasdaq, Tech Stocks Continue Seeing Pressure
April 7, 2014 2:14 PM EDTChina Internet stocks are seeing some modest pressure Monday on speculation that recent gains over the last fw years might mean that the stocks are somewhat overvalued.
Adding to fears is the upcoming IPO of Sina's (Nasdaq: SINA) Weibo. The company plans to sell... More
