image credit: Adobe Stock

The $1trn shock for US tech stocks as markets brace for more toxic times ahead

May 10, 2022

Via: Sky News

That does not take anything away from the fact that, so far, 2022 has been a rotten year for stock market investors.

To date, in 2022, the FTSE-100 is down 1.69% while the DAX in Germany is off 14.5% and the CAC-40 in France a similar amount. The MIB in Italy is down by nearly 15.5% and the AEX in the Netherlands by almost 16%.

In Asia, the Hang Seng in Hong Kong is down by 16% so far this year, while the Shanghai Composite in China is off by 16.5% and the Nikkei 225 in Tokyo by 10.5%.

Read More on Sky News