Highlights

  • Tech hit the hardest since the rate hike from the Fed
  • Apple loses $200 billion in marketcap in less than a week

Latest news

R Madhavan says 'I deserve this' on being trolled for his claim about ISRO and their Mars Orbiter Mission

R Madhavan says 'I deserve this' on being trolled for his claim about ISRO and their Mars Orbiter Mission

England wicketkeeper tests positive for Covid, availability for India Test in doubt

England wicketkeeper tests positive for Covid, availability for India Test in doubt

 First from a launch pad outside the US, NASA rocket launches from Australia

First from a launch pad outside the US, NASA rocket launches from Australia

Russian missiles hit many Ukraine areas as G-7 nations rally against Moscow

Russian missiles hit many Ukraine areas as G-7 nations rally against Moscow

Pakistan in crisis: Severe shortage of paper, textbook prints halted

Pakistan in crisis: Severe shortage of paper, textbook prints halted

Wall Street Collapses: Nasdaq down 4%, S&P500 lowest in a year, Bitcoin falls over 10% in overnight trade

Dow falls more than 600 points, S&P 500 tumbles below 4,000

US markets tumbled to a 13-month low in a widespread selloff. The Dow Jones Industrial Average dropped 1.99%. The S&P 500 fell 3.2% breaching 4,000 mark for first time in over a year, while the Nasdaq Composite lost 4.29%.

Apple, the most valuable publicly traded company, has seen its marketcap eroded by over $200 billion since Wednesday, when the Fed raised interest rates.

It is no just equities even crypto collapse continues with Bitcin falling over 10% in overnight trade.

Up Next

Wall Street Collapses: Nasdaq down 4%, S&P500 lowest in a year, Bitcoin falls over 10% in overnight trade

Wall Street Collapses: Nasdaq down 4%, S&P500 lowest in a year, Bitcoin falls over 10% in overnight trade

Top 5 'fat-finger' trades that rocked global markets

Top 5 'fat-finger' trades that rocked global markets

Explained: What is a fat finger trade and how it can make you lose crores!

Explained: What is a fat finger trade and how it can make you lose crores!

SDF Explained: It matters for your savings and FD rates

SDF Explained: It matters for your savings and FD rates

Market moves & cues: Trading day ahead

Market moves & cues: Trading day ahead

Explained: Falling global markets and what is the new 'GST' fear

Explained: Falling global markets and what is the new 'GST' fear

More videos

US markets collapse, Dow sinks 700 points to year low

US markets collapse, Dow sinks 700 points to year low

Watch Fed Chief Powell get quizzed! Can rate hikes really reduce inflation?

Watch Fed Chief Powell get quizzed! Can rate hikes really reduce inflation?

What the Fed! US Markets rebound despite massive rate hike weak growth outlook

What the Fed! US Markets rebound despite massive rate hike weak growth outlook

Fed decision day: Here is what to expect from the Federal Reserve Chair Powell

Fed decision day: Here is what to expect from the Federal Reserve Chair Powell

Market carnage: US markets in a free fall as Fed begins 2-day meet

Market carnage: US markets in a free fall as Fed begins 2-day meet

Currency collapse: Rupee sinks to record low, Yen slumps to 28-year low

Currency collapse: Rupee sinks to record low, Yen slumps to 28-year low

Explained: Recession risks and why should we care about an inverted yield curve

Explained: Recession risks and why should we care about an inverted yield curve

Markets crash: Prices, Putin and Pandemic - the 3 pronged pain for stocks

Markets crash: Prices, Putin and Pandemic - the 3 pronged pain for stocks

Monday meltdown for markets

Monday meltdown for markets

Federal Reserve meet this week sparks global sell-off

Federal Reserve meet this week sparks global sell-off

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.