US STOCKS-Wall Street drops on inflation jitters, led by tech stocks ...Middle East

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US STOCKS-Wall Street drops on inflation jitters, led by tech stocks
source : Devdiscourse ( Middle East ) () 28
Wall Street's main indexes fell on Tuesday, led by tech-related stocks, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected. The outperformers of 2020, Apple, Amazon.com Inc , Microsoft Corp, Google-parent Alphabet Inc and Tesla Inc fell between 0.8% and 2.4%, weighed the most on the S&P 500.

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