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Stocks slumped on Wall Street Tuesday as a sell-off in big technology stocks spread from Asia back to the U.S. over worries about potentially higher interest rates by the end of the year.
The S&P fell one per cent and is coming off 11 weekly gains out of the past 12, led largely by technology stocks. The Dow Jones Industrial Average fell 0.2 per cent as of 9:53 a.m. ET. The Nasdaq composite fell 1.5 per cent.
Canada’s main stock index, the TSX/S&P, was also down about half a per cent in early trading.
Markets throughout…
