Global tech stocks have lost about $1 trillion or 9 percent of market value this month, hurt by worries over slowing global demand, valuations and trade tensions between the United States and China.
A Refinitiv data analysis of 1,701 global technology firms — each with a market value of more than $100 million — showed that their combined market value was down to about $10.58 trillion on Oct. 23 from $11.64 trillion on Oct.1.
