Tech sell-off drives US markets down by nearly $1tn after subpar earnings
Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports. Large tech companies' earnings disappointments are driving US markets down by nearly $1tn, with the Nasdaq losing more than $1tn in value, while the S&P 500 fell by more than 1%, erasing its gains for October.
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Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 30 Oct 2026, 18:27 UTC · Updated 30 Oct 2026, 18:56 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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